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1

.

pnattrial

mranertfl
Quotation

Supplement

Investors

Supplementary)

(motu^)

Street.Railw^ Supplement

State antf Cily Supplement (s™
Dana Company, In the office

[Entered according to Act of Congress, In the year 1900, by the William B.

VOL.

SATURDAY, JULY

71.

NO. 1831.
Week ending July

at—
1900.

.

London Agents:

&

Smith, 1 Drapers' Gardens, E. C, will take subMessrs. Edwards
scriptions and advertisements, and supply single copies of the paper
at Is. each.

B.

DANA COMPANY,

Pine Street, Corner of Pearl
Post Office Box 958.

Publishers,
Street,

new YORK.

New York
Baltimore
Buffalo

Washington.
Albany
Rochester
Syracuse
Scranton
Wilmington

Bingham ton.
Total Middle
Boston
Providence
Hartford

New Haven
Springfield

Worcester.
Portland
Fall River
Lowell

New

Bedford
Total New Eng.
Chicago
Cincinnati
Detroit.

Cleveland
Indianapolis

The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the

Peoria
Toiedo
Grand Rapids

,

Dayton

,

Bvansville

,

Youngstown

United States for the week ending to-day, July 28, have Lexington
been $1,339,229,469, against $1,400,811,572 last week and Akron

8pringfleld, 111

$1,454,958,671 the corresponding

week

Kalamazoo
Saginaw

of last year.

Clearings.

New York

287.845
289,666
298,231
184.462

98.930.877
24,174,003

Other

cities. 6

cities

Total

,

6 day a

all cities,

6 days

All cities, 1 day

Total

all cities

for week.

5,244,389

$931,654,000
194,471.263

$1,036,679,851
184,748,297

$1,126,125,263

213.104.206

days

92.275,498

6,515,076

Baltimore
Chicago
-St. Louis
New Orleans

$716,784,951
111.896,881

$1,221,436,148
233,882,523

$1,339,229,469

$1,454,958,671

71.550,405
14,989,621

23,938,106

P. Cent
-11-0
-27-0
-4-7
-5-1
+7-2
+1-0
+24-2

-101
+5-3

-78
-8-8

-80

Jacksonville, 111...
Tot. Mid. West'n

San Francisco
Salt

Lake City

Portland
Los Angeles
Seattle

Spokane
Tacoma.
Helena.
Fargo
Sioux Falls
Total Paciflo

,

Omaha

Paul

Denver
Joseph
Des Moines
DavenportSioux City
St.

a gain of 28-4 per cent, and the excess over 1897 is 49-6
per cent. Outside of New York the decrease from 1899 is 3*2
percent. The excess over 1898 reaches. 33 -5 per cent, and
making comparison with 1897 the gain is seen to be 42*2 p. c.

Wichita
Fremont.
Hastings
Tot. other West.

Louis

New

Orleans

Louisville

Galveston

Houston
Savannah
Richmond
Memphis.
Atlanta
Nashville.

Norfolk

Augusta
Knoxvllle
Fort Worth

Birmingham
Macon
Little Rock
Chattanooga
Jacksonville.

Total Southern..
Total all
Outside N. York.

620.300
765.6*4
1,049 741

635.363.101
15 656.670
9,046 660
1.876.99B
1,442.000
776.845
82«,«4S
832.754
811 B«i

31.551.916

31 270 652

9 801459
,

2,358 231
1,621.115

716305

John

Vancouver
Total Canada...

-1-7

+3 9
-8-6
+169
+6*6
-8'6
-38*8
+29-4
+23-7
+39-3
+12-2

+144

+60

—4-5
-9*8
:

+2 8
+122
—29-6

-8-3
+8*5
+3-8
-3-9
+22-6
+42-8
+118*4
+4*4

+189
+47

-9-1
-2-0

40.914,190

615.233,477
14,629,051

Hamilton
Victoria

+19-1

,

,

+23 4
+186

+18-6

-15

+17-1
+10*9

713,849
681.862
897.719

107,453,457
88,870,985
11,763,070
6,122,073
7,600.162
4,454.676
3.366,400
2,883.096
1,267.488
1.999.806
801.843
723,722
677,446
337,599
310,000
310,213
380,200
292,080

111,486,074
76.308,689
11.766,400
6,019,219
6,118,748
6,006,108
3.143,700
2,267,782
1.407,622
1,483.204
661,693
621,699

197.260
1«3,957
172,842

191,769
147,141
188,995

132.654,392
12.675,987
1,400,263
1,342,170
1,236,029
1,172,767
795,752
600.000
470.909
163,931
96.249

116.442,832
14,142,980
1.061.769
1,034.429

19.963,057

+10-2

1,897,213
1,276,891
1,888,477
1,341,431

651.538
754.395
492,881

-280

916,132
683,912
809,700
768,659,117
97,379,208
4,781,500
2,127,924

1,492,509
1,279,010
1,397,476
1.308,164

+16

67.515.832

1.267,76i
934,079

321,800
744,0o9,4t2
92,299,370
6 285.400
2,642,724

+152
+136
+3 6

212051

59,558,382
23,105.455
16,313,269
3,916,195
1,814,935

1,426,718
988.922
865,297
691,945

10.807.141
8.839,582
5,983,503
4.182.960
3,200.572
3,632,161
1,494,672
709.162
811.210
600,802
439,021
186,805
107,659

33,868,799
6.384,741
8,056,238
2,106.650
2.286 838
2.084,489
3 200 000
1,454.678
1,825,814
1,255,228
1,334,173
760,502
574,540
923,221
682,700
390.000
328.834
283.338

644835,297

19,803,808
17,402,551
3,829,633
2,060,440

29.914,636

71 581.600

Winnipeg
St.

188 429

,400 811.572 1.615,835.014

Montreal
Toronto
Halifax

19,967,153
2,270,349
2.442.1H7
2.827,060
4,287.181
1,062,460
927,666
800,146
232.038
133,686

1897.

6tf,388,479

46,801.572
32 752.116
8,726,457
7.888.648
1,970,600
2.450.792
4.390,848
3,691.817
1.526.857
1,412,805
1,220. 4S3
1.313,291
718,585
521,784
780,395
894,131
655,000
341 .749
393,533
231 959

Minneapolis

St.

172,385.258
19 223.231
2,861,711
1,991,832
1.629.771
1.940,077
1,017,762
814,489
544.454
255,340

1898.

630.390,419

12.450,964
10,034.795
6,201.740
6 160,797
8.902,678
4,015.595
1,471,728
830,089
900 000
1,034,654
466.047
154,649
177.936

Topeka

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, July 21, and the results for the corresponding week in 1899, 1898 and 1897 are also given. In
comparison with the preceding week there is a decrease in
the aggregate exchanges of one hundred and fourteen and ahalf million dollars, the loss at New York being eighty millions.
Contrasted with the week of 1899 the total for the
whole country shows a decline of 13*3 per cent. Compared with the week of 1898 the current returns record

P. Cent.

34.389.926

Kansas City
St.

281,244
405.734
265,811
146,653

186,995,509

Canton

28.

1899

$637,976,058
81.673,470
68.165,798
14,328.718

„

Boston.
Philadelphia

8even

Week Ending July
1900.

980.471,913
86,986.977
28,609,475
24,336.517
4.739,330
2,167,565
2,379.127
1,801,127
1,036.051
1.052,018
897.616
447,600
936,393,866 1,131,924 339
108,725,070
155.149,568
5.P46.800
6,385,100
3,119,181
2,906,128
1,593,138
1,744,397
1,328,089
1,567,384
1,458,105
1,477,943
1,040.701
1,546.916
573,138
846.274
538,440
583,651
328,242
994,598
124,648,899
173.180,859
125 870.718 114.215,698
16,466,950
13,asi,350
8,993,149
0,151.559
11,474,287
11.039.854
5,213.667
5.697,478
5,292,000
4,527,500
3.207,147
3.036.939
1,919.329
2,099.874
1,999 384
3,000.055
1,280,124
989,340
1,269.737
1.026,346
950.383
682.167
821,780
286,863
477,578
417.259
434,072
409,605
481.500
604,000
333.800
369.939

Publication suspended.

Rockford
Springfield, Ohio..

Returns by Telegraph

1899.

785,678.095
86,242,926
31,066,116
18,177,131
5,011.299
2,235.418
2,874,866
1.799.90H
1,041,619
958,102
966,288
442,100

Philadelphia
Pittsburg

Milwaukee
Columbus

CLEARING HOUSE RETURNS.

21.

l»00.

PUBLISHED WEEKLY.
Terms of Subscription—Payable in Adrance:
$10 00
Por One Year
Por Six Months
6 00
13 00
European Subscription (Including postage)
European Subscription Six Months (including postage)
7 50
£2 14s.
Annual Subscription in London (including postage)
ao.
sills.
do.
BixMos.
do.
Above subscription inoludes—
Stbeet Railway Supplement
The Quotation supplement
State and City Supplement
The Investors' Supplement
Terms of Advertising—(Per Inch Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
" ).. 50 00
STANDING BUSINESS CARDS.
Six Months
(26
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52

w$

of the Librarian of Congress.)

28, 1900.

Clearings

WILLIAM

4^^'

19,687,678
7,987,070
6,143,001
4,604.788
8,119,652
2,123,164
1,058.148
829,367
487,436
491,863
378.386
409,879
88,009

9,906,214
6,064,716
5,481,207
3,438.227
2.458.63
2,686.451
944.032
543.688

275536
306.293
283,000
298,631

1,214142
450.000
668.912
607,800
400.000
60,785
66,869

+65-8

899 053
615.185
427.666
76.485
95.822

+W4

33.462 284

27,674.831

-3 3

25247.923

+86-7

6,815.672
6,287.195
2.181,550
1,910,633
1,542.297
2.651,628
1.825,026
1,021,677
1,040,295
873.149

23.910.778
6,380.582
5,472,854
1,621,250
1.761,191
1,791,476
1,988.328
1,148 313

+723

+62

+228

-21
-6 5
+72

+110 6
+15 8

+5

+66
-2 8
—16
-5 5
-92
-15 5
+1?
+42 8
4-4-0

+37

8

+9-4

+6
—13 3

—32
—66
+83

+25 7

+124

—7-8

—2.V0
—93

+29

3

576 954
367.509
666.138
S5H.732
331,000
327,696
296.031
109 6«fi
63.47 L 671
0^1.064 273

460 773 ,B64
18018 892
7,437 192
1,475 042
1.18" 197

637 289
616 ,166

65 077

959 215
949,677
848,417
505,763
355,496
443.716

359 573
522,000
267.938
2*2.972

15S089
48.689 127
,077.838.667
Hi.', 03.360

18.089 291

6405.958
1,899,930
1.164,407
540.611
693,t29

THE CHRONICLE.

154

[Vol.

LXAI.

Eight cash dividends were paid prior to 1860
at irregular intervals.
On January 1 1860 the pracTHE INVESTORS' SUPPLEMENT.
tice was begun of paying semi-annual dividends in
The quarterly number of our Investors' Supplecash, and this practice has ever since been adhered to.
ment is issued to-day, and is sent to all our subHow many other roads can point to a similar favorable
The Supplement contains editorial articles
scribers.
record ? While during the past ten years the rate of
on the following topics.
dividend has not at any time exceeded five per cent
ECONOMY OF LARGE CARS.
[the rate has now been increased to 6 per cent], it is
THE USE OF COMPOUND LOCOMOTIVES.
to be borne in mind, Mr. Fish well says, that the earnAMERICAN EQUIPMENT ON AN ENGLISH ROAD.
ing power of money in the United States is now very
INCREASING SIZE OF LOCOMOTIVES.
much less than formerly, and that in the period reyears.

ferred to the phjsical condition of the property has

REPORTS OF TRUST COMPANIES IN NEW
YORK AND BROOKLYN.

been vastly improved.

With reference

to the

improvement work, he goes

into quite an extended analysis of the reasons that
pages 186 to 191 of this issue of the Chronicle prompted the management to enter upon this policy.
will be found complete reports of the condition of all He recalls that in 1890 a committee of the board, after
the trust companies in New York City and Brooklyn an exhaustive investigation of the subject, reached the
on June 30 1900, as compared with December 31 conclusion that the Illinois Central was not at that time
1899 and June 30 1899.
as well equipped as were some of its neighbors and com-

On

and that there was more traffic offering than
there were facilities for handling it. Accordingly it
THE FINANCIAL SITUATION.
was resolved to improve the standards of maintenance
A marvelous condition of quietude best describes by charges made directly to operating expenses and
the situation in Wall Street. The manager of a lead- defrayed from current income, and to provide funds
ing bond house expresses it by saying that he can for the additional facilities needed through new capThere ital creations without depending entirely upon the
neither sell any bonds nor buy any bonds.
have been very f6w developments of either a favor- surplus earnings of the property. This has since been
able or unfavorable character during the week. the fixed policy of the company, and the company's
Chief among the former is the decision in the recent prosperity and welfare are directly attributable
Brooklyn Rapid Transit case affirming the com- to persistent adherence to the same. The standards
right to charge a ten- cent fare to Coney of maintenance have been raised so that between 1889
pany's
Island, the more favorable crop accounts as the week and 1899 the average weight of rails in the main track
closes, and the sanguine forecast of the November was increased from 58*53 pounds per yard to 67*48
election which Wall S :reet accepts, evidenced by the pounds, the average capacity of each freight car from
large offerings of money on wagers at wide pref- 16*50 tons to 25*50 tons and the average hauling
On the other hand, the reports with refer- capacity of each locomotive from 2,071 to 2,718 tons.
erences.
ence to Pekin and affairs all over China have Aside from the amounts charged to expenses for thus
grown day by day more uncertain and really more advancing the standards, large amounts have, during
disturbing notwithstanding the latest rumors keep up the last few years, as we showed last week, been specifithe story of the safety of the legations. At the mo- cally appropriated from earnings for betterments. For
ment very little reliance is placed on any of this as- the information of the board Mr. Fish had extensive
sumed information. For these reasons the situation is comparisons with other roads in the same territory
especially engrossing here as well as in Europe; it seems made, with the result of showing that the Central has
to point directly to a very wide and perhaps pro- been raised to a plane where it is excelled by few
longed contest between the Allies and China, and that other roads, and in most particulars it surpasses its
to derangements and, not unlikely, to important diffi- neighbors.
The whole letter abounds in instructive
culties in the money markets of the world.
Probably details and analyses. It was evidently not intended
this latter fact has most influence at the moment in for publication, but it contains such a mass of stakeeping our security markets so inert.
tistics and information bearing upon the condition of
petitors

the property that

We

referred last week, in speaking of the increase
in the dividend on Illinois Central stock, to the large
amounts spent by that company out of earnings for

betterment work.

it

seems to us a copy should be

placed in the hands of every shareholder in order that
the proprietors may become acquainted with the progress

made

in recent years,

and have a thorough

Oar attention has since been

called understanding and appreciation of how favorably the
by President Stuyvesant Pish to Central now compares with other roads in its territhe board of directors of the company in which this tory.
feature is emphasized and other strong points brought

to a letter written

out in the recent management and development of the
property. Mr. Pish reminds the board that it will be

The death of Col. W. M. Grosvenor
York "Tribune" removes a writer of

of

next February since the Illinois Central
was incorporated by the State of Illinois.
He also
points out that the dividend payable
Septem1900 will form
the ninety-first semiber
1

force on industrial and trade matters.

Col. Grosve-

annual distribution made to the proprietors in cash.
Omitting scrip dividends, the gross sum already paid
in cash as dividends amounts, he states, to the sum of
$87,177,094-80, an average of 6*738 per cent per annum upon the capital outstanding in the respective

thing new in the
involved in the compilation of such statistics was a
Unfortumatter of minor importance with him.
nately his ingenuity could not always be turned to
profitable advantage.
Perhaps his most ambitious

fifty

years'

nor's forte

was very
and was

was

statistics, in

clever.
all

the

He

the

New

considerable

the handling of which he

many original ideas,
time studying how to devise somestatistical line.
The time or labor
possessed

July

THE CHKONICLE.

28, 1900.]

" The Public," a
waB the editing of
weekly paper devoted to the discussion of financial and economic subjects and in which he incorporated much tabular matter. The venture did
After spending considerable
not prove lucrative.
money and labor on it, he came to us, and we took the
paper off his hands, agreeing to fill his unexpired
subscriptions with copies of the Chbonicle. For the
u Tribune," with which he was connected twenty-five
years, he sometimes wrote on political subjects, but
mainly on financial and economic topics. The article which attracted most attention was the regular
Monday contribution on "Money and Business/'
which was known to emanate from him. About seven
years ago he began to edit " Dan's Review " issued by
the Mercantile Agency of R. G. Dun & Co. Here he had
It was a field for which he
free play for his energies.
was pre-eminently fitted, and he was apparently unhampered in his work. He made many innovations
and must be considered to have rendered important
services as the dominant spirit in the conduct of that
He inaugurated the system of monthly
publication.
reports of mercantile failures and also the system of
reporting failures by branches of trade, both forming

effort

additions

useful

by the
genial

to

the

records

previously

kept

'•Dan" agency. Col. Grosvener was of
presence, and all who knew him deeply regret

his death.

While there has been no change in the official rates
of discount by any of the European banks this week,
there has been a firm tone for discounts in the open
market and this has been especially noticeable at London, where the unofficial rate has advanced beyond the
This firmness in the London market is
official rate.

155

000 in transit. Neither bank has advices of the deposit of further sums in bullion.

Money on

representing bankers' balances, has
loaned quite uniformly this week on the Stock Exchange at 1£ per cent and at 1£ per cent, averaging
call,

There was no variation from these rates
during the entire week and the bulk of the business
was at li per cent. Banks and trust companies quote
1^ per cent as the minimum, though in a few cases
loans have been made at 1£ per cent.
There continIf per cent.

be a fair demand for long-time contracts,
though the impression seems to prevail that as a rule
the larger commission houses are well supplied with
ues

to

money

of

sixty days or

this

more

which they procured
There is very little inquiry

character,
ago.

for loans for short periods, there being a disposition

to

rdy upon the

call- loan

branch of the market, at

Rates are 3 per cent for sixty
days, 3| per cent for ninety days, 4 per cent for four
months and 4@4£ per cent for five to six months on
good mixed Stock Exchange collateral. Brokers repoit
that scarcely any business is being done in commercial

least until October.

and very few of the

banks or other
institutions are buying, while the demand from out-oftown is insignificant. The reason assigned for the
abstention of city banks from purchases is that they
are meeting the demands of their customers to a
large extent, and therefore they have full employment
for their funds.
There is a liberal supply of paper on
the market, and dealers report that this is due to the
unsatisfactory collections.
Rates are quoted at 4@4£
per cent for sixty to ninety-day endorsed bills receivable, 4^@4f per cent for prime and 5@5£ per cent for
good four to six months' single names.

paper,

city

announcement of the supplementReports from the seat of war ia South Africa do not
ary estimates, amounting to £11, 500., 000, caused by
the prolongation of the war in South Africa, making appear to be altogether satisfactory.
It was ana total of £34,500,000 voted for this purpose, and also nounced that on July 22 the railway north of Honing

attributable to the

to the high rates of

4@4 116

per cent at which

Tuesday's issue of Treasury bills were sold. The
London discount market was likewise affected
by the situation in China. The statement of
the New York Associated Banks last week showed a
gain of $3,793,000 in cash, of which $1,681,100 con-

who captured one hunwhich the Boers moved on

Spruit was cut by the Boers,

dred Highlanders, after
Honing Spruit, cutting communication with Pretoria.
Later there was a general advance of the British
forces, the Boers retiring.
The latter were encountered in strong force on July 24 and' 25 near BethleThe hem, and the British were compelled to retire from

and $2,111,900 of legal tenders.
loans decreased $3,381,100 and the deposits $1,315,- some of their positions with about fifty casualties. Sub100, while there was a gain in the surplus reserve of sequently the Boers were flanked and they retreated.
sisted of specie

The Bank of England's minimum rate of discount reworthy of note that the National City Bank showed mains unchanged at 4 per cent. The cable reports
by comparison with the statement of the previous discounts of sixty to ninety day bank bills in London
week a decrease of $3,302,600 in loans and a gain of 4| per cent. The open market rate at Paris is 2-g- per
$8,126,500 in specie, while the deposits increased cent and at Berlin and Frankfort it is 4|@4i per cent.
$4,634,500.
The applications for the exchange According to our special cable from London the Bank
of fundable
bonds for the new 2 per cents of England gained £151,201 bullion during the week
amounted at the close of business on Thursday to and held £31,639,576 at the close of the week. Our
$4,121,775, carrying this item

to $24,081,900.

It is

estimated by the Treasurer that a correspondent further advises us that the gain was
total of $400,000,000 will easily be reached before the due to imports of £312,000 (of which £195,000 were
close of the year.
It may be noted that the delivery from Australia and £117,000 bought in the open marof the engraved 2 per cent bonds will begin next ket), to exports of £7,000 to the Argentine Republic
week and it is expected that thereafter the exchange and to shipments of £154,000 net to the interior of
of fundable bonds will be more rapid.
The Bank of Great Britain.
$319,804,050.

It is

wet k received proceeds in drafts of the remaining $500,000 of the
British

North America has

this

The foreign exchange market has been firm this
week and moderately active, though the fluctuations

$2,500,000 Yukon gold bullion previously reported as
having been deposited at Seattle and at San Francisco in rates for actual business have been quite narrow.
for the account of this bank.
The Canadian Bank of Bankers report fairly large amounts of commercial
Commerce, which last week reported the receipt of bills drawn against exports of cotton and provisions, but
$1,500,000 from this source, now has about $800,- these drafts are promptly absorbed. The demand for

.

.
.

.

THE CHRONICLE.

156
bankers'

bills for rt

mittance has been continuous, under

[Vol. JuXXI.

With the Sub-Treasury operations the

the influence of which rates for sight sterling and for
cables have fractionally advanced. No gold was
shipped to Paris on Thursday, the advance in the
sterling rate at Paris on London making the move-

follows.

ment

Sub-Treasury operations

result is as

of gold

hence to the French

Week Ending July
ilanks interior

capital unprofitable.

27, 1000.

movement, as above

The following

Net Change in

Bank

Holding*.

18,600,000

Total gold and legal tenders.

Thursday that negotiations were
then pendiDg which would probably permit an export
of gold to London by to-day's (Saturday's) steamer.
It was said that in order to facilitate this movement
the Bank of England would make advances on the
consignment while it was in transit, thus enabling the
shipment to be made against a cable transfer. None,
however, was withdrawn yesterday for shipment,
and bankers positively stated that the Bank would not
make advances. Without such inducement gold canIt was reported on

Out of
Banks.

Into
Banks.

$4,101,000
18.500.000

Gain. $3,113,000
Gain.
100,008

125,814,000

$22,601,000

Gain. $3,213,000

{7,214,000

table indicates the

amount of

bullion

in the principal European banks.
July

Bank

Bold.

franco

Germany *

.

. .

AuB.-Hung'yt
Spain
Italy

Netherlands..

NatJBelgm*..

Total.

Gold.

4

Silver.

X

not be shipped to London until rates for sight sterling shall further advance.
Gold received at the Custom House durirjg the week, $19,698. The Assay
A
Office paid $875,301 65 for domestic bullion.
telegram from San Francisco yesterday announces
the arrival of the Alameda at that port with $2,500,000 in sovereigns. The Canadian banks have

July

86, 1900.

27. 1809.

of

«

Silver.

Total

*

31,639.576 83.176.043
81,639,576
33,176.943
87.309,044 45,612,802 132,921.896 76,570.673 48.308, 757 124,879,330
29.317,000 16,102,000 44,419,000 27,668.000 14,201 000 41,760,000
79,995,000 7,980,000 87,975,000 94,307,000 5.408 000 99,716.000
87,740.000 9,814.000 47,664,000 30,448,000 10,628 000 41,076,000
13,689,000 16,854,000 80,543,000 12,960.000 13,620 000 26,580,000
15,646.000 1,690,000 17,236.000 15,268,000 1,879 000 17,147,000
2,744,000 6,109, 000
4,871,000 5.963,000 10,834,000
8,853,000
4,212,000
8,024,000 1,612 000
2,808,000 1,404,000
4,586,000

ToUthls week 302,014.620 104419862 407,334.472 296,066,516 101665757 397,732.273
Tot. prev. w'k 3C0.695.870 103751047 404,346,917296.878,751 102119828 398.098,579

The Austro-Hungarian Bank Statement is now issued In Kronen and HelInstead of Golden and Kreut zer. The reduction of the former currency to
sterling £ was y considering the Gulden to have the value of 60 cents. As
the Krone has r eally no greater value than 20 cents, our cable correspondent in
London, In order to reduce Kronen to £, has altered the basis of conversion by
dividing the amount of Kronen br 24 instead of 20.
+

ler

week sent $800,000 gold to Canada, by far the
largest amount beiDg shipped by the Bank of Mont-

thiB

* The division (between gold and silver) given In our table of coin
and bullion In the Bank of Germany and the Bank of Belgium Is made
from the best estimate we are able to obtain in neither case is It
claimed to be accurate, as those banks make no distinction in their
weekly returns, merely reporting the total gold and silver, but we

real.

;

exchange have been 4 84^ @4 85
and 4 88@4 88£ for sight during the believe the division we make is a close approximation.
week. Kates for actual business opened on Monday
Notb.— We receive the foregoing results weekly by cable, and while
unchanged compared with those at the close on Fri- not all of the date given at the head of the column, they are the
returns issued nearest to that date—that is the latest reported figures
day of last week, at 4 83f @4 84 for long, 4 87i@
4 87f for short and 4 88@4 88i for cables. The market
1900 UNDER INTER PREwas steady for long and firm for short and for cables, CURRENCY
TATI0N OF MR. BRYAN.
and it so continued without change until Thursday.
Then there was an advance of one- quarter of a cent
In answer to our remarks in our Financial Situation
for short and for cables, to 4 87|@ 4 88 for the former last week and the previous weeks respecting the critical
and 4 88^@4 88£ for the latter, long remaining un- character of the silver issue at the November election,
changed. The tone was easy on Friday. The follow- we have had our attention called to the new currency
ing shows daily posted rates for exchange by some of law of 1900, the claim being made that it is an absothe leading drawers.
lute preventive, an insurmountable obstacle, to the
Our friend asks, would
free coinage of that metal.
DAILY POSTED BATES FOB FOREIGN EXCHANGE.
not Mr. Bryan if elected have to enforce that law in
its spirit and letter, and would not that law keep inFBI..
MON.. Tubs.. W*D.. Thtje.. FBI..
July 20. July 28. July 24. July 26. July 26. July 27.
We answer no to both
violable our gold standard?
90 days
4 §2*
84 *
84*
84*
84*
84*
Brown Bros
488
i Sight...,
88*
88*
88*
88*
68*
questions; we may add further that we think what
Baring,
60 days
4 85
85
86
85
85
85
MagonnACo. Sight-., 488
88
88
88
88*
we have written the last two weeks plainly establishes
88*

Nominal

rates for

for sixty- day

LAW

5

}
}

Bank

British

No. America.

.

Bank of
Montreal.

Canadian Bank
of

Commerce.

J
\

60 days
Sight..

160 days
,

.

(Sight60 days

i
\

Sight...

Heldelbaoh, Ick •160 days
elhetiuer A Co .}81ght...,
LasardFreres... 160 days
\

Merchants' Bk.
of Canada

Sight,.

160 days
)

Sight...

84*
488
486
4

4 88

485
488
4 84*
488
485
488
485
488

85

85

85

86

88*

88*

88*

85

88*

88*

85
88
85
88

85
88
85
88

85
88
85
88

85
88
86
68

85

4
i ,*

88*

84*
88*

84*
88*

84*
88*

84*
88*

66

85

85

88*

86

88*

88*

66

88*

88*

86
88

85
88

85
88

85
88

88

the correctness of that answer.
to be well advised must start such an
with the condition that Mr. Bryan is
investigation
President, the head of the Government, invested with
all the power any President could have. Furthermore,
that he is a fanatic on this coinage issue, and when
President will show the utmost vigilance a fertile
brain is capable of in devising ways and means for
favoring the one idea which has become entangled in
It is a leading dogma in his rehis every thought.

One seeking

88*
85
88

85

The market

closed easy on Friday, with rates for
actual business 4 83|@4 84 for long, 4 87|@4 88 for
short and 4 88^@4 88^ for cables.
Commercial on

banks 4 83£@4 83£ and documents for payment 4 83
ligious creed; patriotism in his view lacks its chief
@4 84 \. Cotton for payment 4 83 @4 83±, cotton for element where it does not include it; he has worked
acceptance 4 83£@4 83£ and grain for payment
16 to 1 in as a kind of a corner-stone to his theory of
4 84@4 84*.
social science; philanthropy arid even human liberty
have no existence in his mind unless his proposal be
The following gives the week's movements of accepted as a fundamental prop. Whoever questions
money to and from the interior by New York these statements should, if interested in knowing the
dangers of the situation, re-read Mr. Bryan's utterances, and for that matter he need go no further
back than the weeks that have passed since the assembling of the Kansas City Convention. The review will

banks.
Week Ending July

27. 1000.

Received by

Shipped by

N. T. Bank*. N. T. Bank*,
Onrrensy
Sold
Total gold and legal tenders

Ntt Interior
Movement.

16.620.000

13,618.000

6W4.000

560.000

Gain. 18,008.000
Gain.
106.000

17,914.000

•4,101,000

oain. $3.113.000

'

thus be short and easy, and hence quickly refresh
every inquirer's memory. Add to the foregoing that

THE CHRONICLE.

Jui^r 38, 1900.

Mr. Bryan

is

neither a fool nor a hypocrite.

He

has

a brilliant kind of mind, thoroughly honest, and

all

aglow with his subject through the intensity of his belief; although not analytical in his methods, nor a
close reasoner, he is furnished in a marked degree
with the faculty of putting things in a plausible,
striking way which confuses and persuades many hearers, especially the crowd of like mental calibre.
No one can doubt that an earnest, enthusiastic

man

possessing the views and characteristics men-

tioned,

would

first

of

all

on

assuming

the

office

himself
with
advisers
surround
thoroughly in accord with his dominant principle,
This we are required to
opinion and desire.
suppose would be the course Mr. Bryan would
adopt; the animus of his administration must
of

President

consequently become hostility to the gold standard
and friendliness to silver. By way of carrying out

and giving force to that spirit, the then existing government under this fundamental rule would so reguenforcement of the 1900 law as to make that
action aid in reaching the goal of Mr. Bryan's ambition, 16 to 1 coinage.
We shall not repeat what we
said quite fully last week as to the course the administration would adopt with reference to getting through
Congress a change in the 1900 law and the chances of
reaching silver coinage in that way through a judiclate the

ious

use of the Government

offices,

the effort would succeed or not,

it

157

—

obvious that at a time of acute discredit such as
occurred twice in President Cleveland's Administration with a laggard as Secretary of the Treasury,

—

or even with an officer in

authority

who was not

on the alert, but a little slow in finding out that
he could not get the needed gold by any one of
the three ways provided, or was slow in putting out
is it not obvious that there is an
his bond proposals
opportunity here to wreck our standard and bring on
silver payments without defying or disobeying the
law? One offering of fifty millions of bonds might be
floated but once let discredit prevail and the offerHow
ings would have to be repeated indefinitely.
long under such circumstances would it be before the
demand for our securities would be supplied and the
market glutted ?
These suggestions only develop one of the opportunities the Act affords permitting those directing
its operations to use it to the discomfiture of our
gold standard, if so disposed. There is another feature we ought not omit to mention in connection with
the foregoing. Attention was directed to it in our
columns by one of our leading bankers after the Conference Committee's report was made public. The preliminary assumption is that $55,000,000 notes having
been redeemed, the gold in the gold reserve has con-

—

;

quently fallen below $100,000,000, that is, to $95,000,etc.
Whether 000; hence the occasion is reached when a sale of
would at least $50,000,000 of bonds has under the Act become neces-

and discredit and so
gold and to rapid with-

se

With that

completed the reserve fund would
lead to a freer export of
consist of the $95,000,000 gold remaining in it, the
drawals of that metal from the Treasury for hoarding $50,000,000 gold produced by the sale of the bonds
purposes. These results, if actively at work, would and the $55,000,000 notes redeemed through the
serve the Bryan administration about as well as a action of the reserve fund, making a total of $200,change in the 1900 law. For in such surroundings, 000,000. Under these circumstances (according to
dependence for keeping up the gold reserve would the provisions of the section quoted above) the $50,wholly rest on the machinery devised in that instru- 000,000 of notes, a part of this $200,000,000 of money
ment for that purpose, and it so happens that the in the reserve fund, would have to be turned into the
machinery, if regulated by a power opposed to gold general fund of the Treasury, the maximum sum of
and favoring silver, would prove quite ineffective in $150,000,000 as defined in this section being in that
important particulars.
amount exceeded; and when so turned over to the
Under the authority and direction of k Section 2 of general fund would be at once available for any
the Act of March 14 1900 the Secretary of the Treas- of the general purposes of the Government. Were
ury when the law went into operation set apart in the not that the legal construction and purpose intended,
Treasury $150,000,000 in gold coin and bullion to be the notes should and would certainly have been left
used as a redemption fund for the redemption in gold in custody of the Bureau of Issue and Redemption.
of United States notes and Treasury notes of 1890. Under a friendly administration some plan would
That fund having been thus provided, the next step probably be devised for preventing the action suggestwas to safeguard it. With that object in view the same ed ; under Mr. Bryan's Presidency these notes would
section further enacted that "whenever and as often of course be paid out, and we would thereby have the
as any of said notes shall be redeemed from said fund, endless chain restored to its old position, and the old,
it shall be the duty of the Secretary of the Treasury swift way to exhaust the reserve fully re-established.
to use said notes so redeemed to restore and maintain
We desist from further developing these thoughts.
such reserve fund," in the three following specified Our opinion has been repeatedly expressed that the
ways. Furthermore, it enacted that if the Secretary chances are Mr. Bryan will be defeated and Mr. Mcfinds "he is unable to restore and maintain the Kinley elected.
But that cannot be certain and is by
gold coin in the reserve fund" by one of the three no means sufficient. This defeat should be so much
methods provided in the law, and after the gold more emphatic than the result in 1896 as to
coin and bullion in said fund shall fall below $100,- prove a final discomfiture of the candidate and
000,000, it shall become "his duty to restore the same the issue.
That can and will be accomplished
to the maximum sum of $150,000,000," which gold if
the
men of brains and conscience we
and bullion (the law reads a little further on), "to- are addressing will lay aside
lack of
their
gether xoith the redeemed notes held for use as provided conoern.
It has surprised us beyond measure to meet
in this section, shall at no time exceed the maximum recently so many of this class who think it a matter
sum of $150,000,000." Any one can see that the ma- of indifference whether Mr. Bryan or Mr. McKinley
chinery here provided, if managed by a hand friendly to is chosen. These same individuals four years ago
the gold standard, would probably be adequate to meet saw the danger in all its formidableness that now again
every adverse contingency that can be imagined threatens values. If we are right in what we have
as likely to happen.
On the other hand is it not said, the issue has not changed a bit.
serve to increase apprehension

sary.

sale

a

THE CHKOMCLE.

158

[Vol. L£Xi.

tone of controversy or from signs of wishing to get
the better of a diplomatic wrangle. As compared
CHINESE MYSTERY.
with the exchange of state papers on the eve of the
It has not been easy to find any intelligible clue to
the
follow in this week's confused news from China. The Spanish war or of the British war with the Boers,

THE

governments' replies to China are models of plain and
simple speech. This, it may be alleged, results in
weeks ago, of the foreigners in Pekin, have been au part from the gravity of the situation; but it is cerAt the time named in those tainly also a recognition of the fact, which none of
thentically disproved.
rumors the Ministers were undoubtedly alive, the Western Powers can mistake, that, in the face
and there has been no evidence since, except of China's mastery of what is popularly called
through inference, that they have perished. In- the art of diplomacy, the Western world can

best that can be said, at this time of writing, is that
the explicit stories o* a wholesale massacre, three

however, and very naturally, taken
the place of evidence ; public conclusions in the
matter necessarily being drawn for the most part from
the facts that all news from Chinese sources is distrusted and that the envoys have not been able, in
the three past weeks, to communicate with the outWe hardly feel, under all the circumside world.
ference

has,

any use in speculating further on the probabilities. The truth must be
known very soon, and a good many perplexing facts
in the recent events will then be made clear. Friday's
report that the Ministers were already on their way to
Tien Tsin, under escort, is either true, or else is the
most extraordinary in all the long series of canards. If
true, the lifting of the veil must, at this moment of
writing, be very near at hand.
Whatever its outcome in other regards, this episode
will remain conspicuous in modern history as having
presented to the civilized governments a new problem
both of diplomacy and of war. The anomalies which
the world has witnessed in each phase of the Chinese
imbroglio arise, clearly enough, from the fact that
ancient and modern civilization are in both directions
In the matter of military
pitted against one another.
stances, that there

is

somewhat less striking, because
of the curious suddenness with which the Chinese seem
to have mastered the armaments of modern warfare.
But the Pekin diplomacy which has clouded the
whole affair is much the same as might have been
expected in the careers of ancient Assyria and Egypt.
Whatever theory may be adopted as to the sincerity
of the Imperial Government in its statements regarding the rioters and the envoys, the adroitness and
craftiness of the statements issued from Pekin to the
outside Powers are such as to set them quite apart
from the communications of modern diplomacy. We
operations this fact

is

rely

only on the most direct and unvarnished state-

ments.

has been any skill exhibited in the various
replies to China, we think it is shown by the communications of our own Executive.
We have no symIf there

pathy with the idea which has found some voice in
the European press that the attitude of our Government has been "naive" or "simple- minded," merely
Department has technically
because our State
assumed the professions of the Imperial GovOn the contrary, it
ernment to be sincere.
seems to us that the United States, alone of
all the outside governments, has gained from the incident a position of some real advantage, and has

No

needed
to threaten China, or to declare the Chinese Government an enemy in default of proof to the contrary. If,
indeed, there is anything inconsistent or " naive " in
the controversy, it is the attitude of a State which
threatens an enemy on which its forces have as yet made
no impression, and construes a government as hostile
when circumstances nevertheless compel continued recognition of that government's envoys. In both these regained

it

legitimately.

adroit diplomacy

gards, the position set forth in
of last

Monday

is

beyond

is

Secretary Hay's reply

criticism.

It

makes no

but plainly intimates its purpose to join in
military measures for the protection of its envoys at
Pekin. It assumes that the Chinese Government is
is no collusion with the forces of disorder, but insists,
before giving proffer of friendliness, on tangible evidence to that effect; and proposes, as was shown by
threat,

yesterday's firm reply to China's request

for delay, to

continue to move on Pekin.
In brief, the replies of our Foreign Office, place
the American Government in a position where,
innothe Chinese Court should prove its
if
should say, in fact, that these manifestoes so far cence in the series of outrages on foreigners, the
prove the superiority of the Oriental in the art of United States will stand forth as the only Power
veiling facts with words that Western diplomats, whose friendliness endured the strain.
On certain

who have sometimes prided themselves
same achievement, may as well acknowledge
have met their match. If any comment

the stipulated conditions, compliance with which would
that they of themselves place the Chinese Government in a

on

proper situation, our State Department has accepted
of intriguing diplo- the commission to act as China's diplomatic friend
macy as applied to Europe's Chinese relations, the position whose importance, in case the best that is
utter failure of the Russian policy at Pekin, which hoped for were to be realized, would be inestimable.
had a hand in the Palace revolution of a year and a- If, on the other hand, it should turn out that
half ago, would be sufficient.
What has happened the Chinese Government's appeal was merely

sary on the

real

is

neces-

—

effectiveness

a rather striking sequel to the assertion, cur- a
cunning pretext to cause delay and
shift
rent in October 1898, that the seizure of power by responsibility, the reply of the United States has
the Empress Dowager has placed Russia in virtual plainly declared that it will not stop the efforts of its
mastery of Chinese imperial politics.
land forces for the " rescue of our legation from great
since

is

The

terse

and blunt

replies of the Christian gov- danger, and the protection of the lives and property
ernments to the recent Imperial address, their total of Americans who were sojourning in China, in the
absence of anything like diplomatic fencing, are in enjoyment of rights guaranteed them by treaty and
their way a tacit admission of these facts.
We do not by international law." This does not seem to us
recall any modern instance when communications amateur diplomacy.
We should say that it has not
from nation to nation at a moment of threatened col- only out-manoeuvred, in the best sense, any conoei?lision have at least on one side been so free from a able duplicity of the Chinese Court, but has made a
I

July

THE CHRONICLE.

28, 1900.1

—

something
distinct advance in the negotiation
cannot be said of any European reply.

159

which preceding, while the total foreign trade (imports and
exports combined) runs way ahead of anything prev-

Unfortunately, it cannot yet be said that even the iously known in the country's history.
In brief, our merchandise exports in 1899-1900
skilful move of our State Department has found the
As regards the reached, in round numbers, 1,394$ million dollars,
solution to this complex situation.
dollars in 1898 9, 1,231£ million
military aspect of the matter, the be3t that can be against 1,227 million
that the gravity of the outlook simplifies the
action of the Powers, even if it does not remove
We at least hear nothing now of the
all obstacles.

said

is

" carving-up

and

882$ million dollars in 1895-6. The contrast with the
earliest year is here very striking, the difference being

and outside of the sensational 512 million dollars. It may be supposed that in this
We must earlier year (1895 6), the export total was unusually
European collision.

of China,"

nothing of
confess, however, that the idea of a joint invasion
of China by the outside Powers opens up prospects
of confusion so perplexing as to baffle the mind of the
It is, we think, not the historic jealousy
observer.
of the Powers which is complicating the choice of a
chief commander in the field, but the difficulty unpress,

dollars in 1897-8, 1,051 million dollars in 1896 7,

small.

As

a matter of fact, said total

fell

hardly 10

million dollars below the average of the annual ex-

ports for the five years preceding.
is

the recent heavy

totals that are

not the earlier and smaller totals.

In other words,

new

features,

Eor the

it

and

five years

ending with June 30 1895, the exact yearly average
We of United States merchandise exports was $892,191,avoidable in so unprecedented an enterprise.
use tbe word unprecedented advisedly; for we 993; for the year just closed the exports foot up
do not know where in history a parallel for the $1,394,479,214, being thus 502 million dollars above
Soldiers of more than
can be found.
one nation, with independent commanders, fought
side by side under Marlborough, under Wellington,
under Napoleon and in the Crimea. But the
manoeuvres of Blenheim and Waterloo were in
situation

each case planned by the single brain of a
commander-in-chief whose title was won by previous prestige in the field quite as much as by
Napoleon was undisputed master,
treaty authority.
and the Crimean campaign, though undoubtedly hampered by the need of cooperation between two independent forces, at least had only two commanders
whose views must be harmonized. To-day, at the
mouth of the Pel Ho, there are no less than six of
such independent commands, each with its own chief

There is at hand no general of overshadowing prestige; yet there can be no independent operations when once the advance on
Pekin is begun. It is by no means clear as yet how
this urgent problem is to be solved.
There have been
times when it seemed as though the movements of the
crusaders was the nearest parallel provided by history
for the demonstration in China.
The attack on Tientsin, indeed, with its Babel of tongues and confusion
of armaments, suggests the siege of Acre more forcibly than it does any episode in modern history.
We
presume that the necessities of the situation will force
the early discovery of a way out of the dilemma; in
the meantime, there is reason to fear that this is
only one of the perplexities with which the outside
Powers are likely to be confronted, unless this
week's more cheerful reports turn out to be well-

officer.

founded.

THE FISCAL YEAR'S FOREIGN TRADE.

such a contrast
any
we
other way, the magnitude of the results for 1899-1900
and for the two years immediately preceding.
If we compare with other five-year periods, the
contrast would be still more marked; for in the five
years ending June 30 1890 the annual average of
the exports was but 738 million dollars and in that
ending June 30 1885 it was 79 1£ millions, as against
the 1,394$ millions for 1899-1900, and the 1,227 and
this recent

annual average.

see revealed, perhaps

It is in

more

forcibly than in

1,231$ millions, respectively, for 1898-9 and 1897-8.

We

lay stress

upon the unusual extent

of the ex-

port values during the last three years because

it

seems to us important to recognize that the conditions which made these high totals possible may
change have already in fact begun to change and
that in such a contingency it would be unreasonable
to count upon the full maintenance of the movement
The United States has been passat its present level.
ing through a period where every leading factor has
been favorable. Not only have we enjoyed exceptional prosperity in this country, but our experience
in that regard has been duplicated in the leading
countries of Europe.
In Great Britain and Germany
business has been as good and trade as active as here.
One result has been a world-wide era of high prices.
This alone has been an important factor in swelling
export values. Another result has been a great increase in the demand for many American goods and
products. The chief feature, a3 will be remembered, in
the development of our export trade of late years has
been the growth in the exports of manufactures.
This has followed in no small measure from the
fact that even before
trade revival became a
universal condition, we had gained a strong foothold in the markets of the world.
During the
last two years, however, a further important element

—

—

Our foreign trade in the fiscal year which ended on
June 30 1900 was of marvelous proportions. The re- has come into play. The activity and prosperity in
sults are all the more remarkable because this is the Germany and the United Kingdom have been so dethird successive year in which the country's external cided that it has been impossible for European protrade has been of extraordinary magnitude. When ducers to supply home requirements, and the overthe accounts for 1898 9 were made up and showed a flow of trade has come to us. As a consequence we
record hardly lees striking than that for 1897-8, it have had the rare combination of an exceptionally
scarcely seemed possible that still another year simi- large demand coincident with a very high level of
larly noteworthy, and even more so, was to be added to prices.
In the United States a sharp decline in prices
the list. As a matter of fact the merchandise exports has now occurred, and it is not unlikely that the effect
have established a new high figure, the aggregate ex- will be to increase the quantity of goods sent out by
ceeding by 167 millions and 163 millions, respectively, us, which would then count as an offset in whole or
the phenomenal amounts of the two years immediately in part to the loss from lower prices.
On the other

THE CHRONICLE.

160

hand, evidences of a trade reaction are not altogether
lacking in Europe, and it may be that there will not
be the same avidity to buy our goods, even at reduced
prices, as has existed in the immediate past.
These are only general observations, but pertinent
in their bearing upon the future and useful in any

[Vol. LXXI.

ments from $6,477,897, to $10,865,357 and $L4,587,707; of cars and carriages, from $3,061,919, to 13,611,577 and $5,786,384, and of wood and its manufactures from $32,949,394 to $37,315,791 and $45,695,499.

The continued expansion

in the

general exports

attempted analysis of past results. That high prices does not detract from the importance of the outward
have been an important factor in swelling export movement of those leading staples cotton, breadIn particular must a stuffs, provisions and petroleum. Yet it is a fact that
values admits of no question.
large part of the further increase of 167 million dollars these leading staples do not occupy that absolutely
in the export values in the late year be attributed to predominant position in controlling the changes in
this agency, for in that period of twelve months the aggregate results from year to year that they did a
In the following we give the exappreciation in commodity prices attained its most short while back.
marked development. Of course it is impossible to port values of the staples referred to separately and
tell the precise extent to which aggregate values were combined for a long series of years and the totals of
added to by reason of the circumstance referred to, all merchandise exports.

—

since in

many

trade records register
But in the case of the

instances the

values only, not quantities.

and commodities where both quantities and
values are known, we have very plain and positive
evidence on the point in question.
Except in the case of the leading staples, the figures

articles

are not yet available for the full year, but only for
the eleven months to May 31. The great extension of
our iron and steel exports is indicated by the fact that
their value was $110,066,849 in these eleven months
of the late year, against only $84,873,910 in the corresponding period of 1898-9, and but $63,235,029 in
Separating the items, however, we find a
1897-8.
falling off in the quantity shipped in the late year in

a

number

of cases.

Of bars or rods of

steel the ex-

ports were only 51,215,171 lbs., against 69,414,110

months of 1898-9 and 32,446,123
values on account of the higher
lbs. in 1897-8;
prices were $1,064,463, against $876,944 and $414,968
respectively. Of steel wire the exports were 24,185,066
lbs., against 51,120,267 and 20,655,856 lbs., with
values $479,588 against $522,915 and $303,853. The
pig iron exports in value for the eleven months were
$2,785,804, against $3,088,542 and $2,569,111, respect-

lbs.

in the eleven

EXPORTS OF LEADING STAPLES.
Fiscal

Year

June

Provisions

Bread-

ending

stuffs.

Cotton.

Total Four lotal a*
and Dairy Petroleum Staples.
+
Exports.

Products

80.

$
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1800*
*

131,181.555 192,659,262 92,325,308
117,803,476 171,118,508 118,579,418
181,777,841 180,031,434 124,845,137
210,855,528 162,304,250 119.857,692
288.036,835 211,535,905 132.488,201
270,332,519 247,695,746 156,809,840
182,670,528 199,812,644 122,020,530
208,040,850 247,328,721 109,217,119
162,544,715 197,015,204 114,353,788
160,370,821 201,962,458 107,332,456

125,846,558 205,085,642
165,768,662 206,222.057

90,625,216
92,783,296
93,058,080

32,915,786
61,789.438
46.574,974
40,305.249
36,218,625

449,081.911 540,384,671
469,293,840 602,475,220
533,229,436 694,865,768
532,822,719 710,439.441

668,279,56'1 835,638,658
40,315,609 715,153,714 902,318,941
51,232,706 555,736,408 750.535,762
44,913,079 609,499,769 823,763,217
47,103,248 521,016,955 739,461,268

50,257,947 519,923,682 742,067,126
50,199,844 471,757,260 679.490,670

154,925,927 250,968,792 138,264,506

46,824.915 511,598,930 716,103,656
47.042,409 490,308,931 695,845,946
49,913,677 515,688,052 742.292,879
51,403,089 593,562,314 855,777,083

128,121,656 290,712,898 139,017,471
299,363,117 258,461,211 140,862,159

52,026,734 809,878,759 884,341,884
44,805,992 742,992,509 1029893483

200,312,654 188,771,445 138,401,591
166,777,229 210,869,889 145,270,613

42,142,058 669.627,748 847,278,725
41,499,806 564,416,967 891,907.709
48,660,032 499,800,231 807,538,165
62,383,403 525,300,446 832,606.938

127.191,687 223,016,760

123,876.661 287,775^70 104,122,444

114,604,780 204,900,991 133,634,376
141,356.993 190,056.460 131,503,590
197,857,219 230,890,971 137,138,084

383,897,119 230.443,215 165,519,441
273.999.699 209,564,771 175,608,605

282,300,000 841,800.000 130,497,000

62.635,037 628.521,311 1050993556
56,125,578 786,984,363 123148233*
66,273,176 715,346,254 1227023302
75,200,000 759,797,000 1394479214

Figures for 1900 subject to slight corrections.

t Including

both crude and refined, and also residuum.

The foregoing brings out the fact that while aggrebut in quantity the shipments were but 144,017 gate merchandise exports in the late year increased
tons against 284,009 and 222,926 tons.
167 million dollars, only 44 millions of the increase
iron and steel products that was contributed by the four staples. As compared
That it is not alone
have been distinguished for higher prices is evident with two years ago, it is found that total merchandise
when we find the exports of sole leather were $5,893,- exports have risen 163 million dollars, while the
385 for the eleven months of the late year against exports of the four staples have decreased 26 million
$5,850,369 in the previous year, while the quantity dollars. Going back a little further we discover that
shipped was but 31,291,858 lbs., against 34,661,030 in 1892-3 the exports outside of the four staples
ively,

lbs.;

and that the exports of cotton cloth

for this

counted for only 277 million dollars; in the late year
period were valued at $16,670,780, against $16,523,863, they counted for 636 million dollars.
though the quantity sent was only 327,706,980 yards
Analysis of the figures for the four staples will reIn the copper exports veal that even here higher prices were a feature in the
against 358,693,026 yards.
tremendous increase, values being $50,. late year. In a special article last week on the breadthere was a
044,789, against $32,183,555 and $28,205,404 in the stuffs shipments we showed that while a lower price was
eleven months of

the two years preceding; there realized on wheat and flour, on corn the average was
was also an increase in the quantity shipped, 298,216,- higher. In the case of cotton, it will doubtless be a
233 lbs. being exported, against ]241,447,587 lbs. and surprise to find values over 32 million dollars higher
254,623,978 lbs., but the main advantage comes from than for 1898-9.
The explanation must be sought enthe higher price, the average per pound realized be- tirely in the better price realized, for the crop was a
ing 16-78 cents in 1899-1900, 13*33 in 1898-9 and but short one and we sent out over 1£ million bales less

Lest the question of price be given than in the twelve months preceding. The petroleum
an overshadowing importance as an element in move- exports, too, show quite a remarkable increase, they
ment, we may cite a few illustrations to show the having gained 19 million dollars over 1898-9. Here,
varied character of the growth: The exports of chem- too, price has been the controlling factor, for while
icals have risen from $8,647,084 in the eleven months these exports at 75 million dollars are decidedly the
of 1897-8, to $9,990,082 in 1898-99 and $12,154,596 largest on record, the quantity shipped falls consider11*08 in 1897-8.

from $2,909,217, to $5,011,081 ably below that for either 1897-8 or 1896-7. The cotfruits and nuts from $8,701,440 ton and petroleum movements in quantity are indi-

in 1899-1900; of seeds

and $6,977,968; of
and $7,669,046 to $11,257,152; of agricultural imple- cated

in the following.

.
.

July

THE CHRONICLE

28, 1900.]

Cotton Exports.

Tear ending June

a

.

*

30.

Petioleum,
Gallons.

Pounds.

Bales.

1878.

3,214,632

1,491,405,334

1877..

3.120.472

1,445,369,130

3.391.795

1,607,533.511

334,872,513

1879..

3,462,741

1,628.372,833

375,002,972

1880..

3,811,153

know,

in

the

during the last two years the
U. S. Government has made large expenditures
abroad in carrying on the war with Spain and

306,002,294

1878..

We

16i

too, that

419,197,899

241,078,748

Philippine

Not

Islands.

livious of the fact that

much

is still

we

are

ob-

said of a return

1881..

4,549,743

1,822,061,114
2,190,928,772

394,412,402

flow of securities

1882..

3,694,706

1,739,975,961

55»\239,228

1883..

4,626,808

2,288,075,062

499,786,268

that the high interest rates at the foreign financial

18S4..

3,884,233

1,862,572,530

508,362,968

1885..

3.969,568

1,891,659,472

568.106,520

from abroad, and that

it

is

urged

1890..

5,020,913

2,471,799,853

(981,845,698

1891..

5,82 r',779

2,907,358,795

708,220,777

amounts cf American
But can it really be
affirmed that all these combined are sufficient to explain away totals of such magnitude.
We shall not
undertake to pursue this inquiry on the present occasion,

1886..

4,283.723

2,058,037,414

574,555,480

1887..

4,499,579

2,169,457,330

589,551,441

1S83..

2,264,120,826

576,982,399

1889.

4,696.017
4,872,060

2.384,816,669

614,511,805

1892...

5,89 1V4U

2,935,219,811

714,808,479

1893...

4,431.220

2,212,115,126

803,680, 18H

1894...

5,397,509

2,683,282,325

903,011,306

1895...

6,965,358

3,517,433,109

..

4,659,765

2,33f-,228,385

881,364,574
890,254,0X4

1897...

6,178.365
7,5-1,004

3,103,751,919

1,014,^96,272

3,773,110,292

fcl9,044,4' 5

capital being

967,625,242

3.850,2(54,295

cent es have resulted

1896

1898...

1899...

7,373,382

1900+

f, 09^.2 14

.

»4P,5"«.»-1*

8,in0.5'9-.:UW

iu large

loaned abroad.

but merely present the subjoined tabular state-

ments to show results when the merchandise and
specie movements are combined.
EXCESS OF EXPORTS (+) OR IMPORTS (— ).
Year ending

1900.

1899.

1898.

1896.

1897.

June 30.

$
$
$
$
$
Merchandise..+544,764,8S5 +529.871,813 +615,432.6:6 +286.263,114 + 102,882, ;i A
+31,475.578 +25,643.999 424,1*7,158 + 31,413.411 +31,764,484
Silver
:

Includes both crude and refined, but not residuum, the exports
latter being very small.
+ Figures for 1900 subject to slight corrections.

It follows

from the extent

of the

Total

merchandise exports that the trade balance in favor of the United
States in the late fiscal year was very large.
The imports expanded 152| million dollars as the result of
our increased purchases of foreign goods and the
higher prices prevailing, and yet the exctss of merchandise exports over merchandise imports was 544|
of the

making the third year of a trade balance of phenomenal extent, the excess for 1898 9 having been 529£ millions and for 1897-8 615£ million

Gold
Total

We
silver

+566,210,»63 +5j5,518,812 +639,610,134 +317,676,555 + 134.616.74S
+6,438,778 -51,432,617 —104,985,233 —44,653,200 +78,884,882

+571,677,835 +501,086.295 +534,624,851 +273,023,355 +213,531,630-

annex the following to indicate the gold and
movements for each year back to 1381.
also

GOLI»

Year
ending

June 30 Exports.

Imports.

Silver.
Excess of
Imports or

Exctss
Exports.

Imports.

»f

Exports.

Exports.

million dollars,

dollars.

How

very exceptional thtse

r<

suits are will

appear when the years are arranged in five year periods, showing for the last five years an average annual export balauce of $415,843,556, against but $114,713,125 in the five years preceding, and no more than
$25,685,695 for the five years ending June 30 1890.
TALOE OF IMPORTS AND EXPORTS OF MERCHANDISE FROM 1881 TO

32,587,8*0

1883...

11,600,888

1881...

41,081,957

1885...

8,477,892

1886...

42,952,191
9,701,187

Imp. 33.223.085
18,376,234 43,937,605 Imp. 25,561.371
59.952,285 10,372,145 Exp. 49.5-0,110
17.376,443 13,035,021 Exp. 4.241.422
86,362,863 18,41 7,37 < Exp. 67,915,493
60,208,331 49,948,75" Exp.
*59,573

1887...

30.

Merchanlise.
Exports.

Imports.

Excess of Exports, \Total Imports
and Exports.
or Imports.

1881
1882
1883
1884
1835

Total 5 years

$
6J2.664.628
724,639,574
723,180,914
667,697.693
577,527.329

*
Exp.259.P54.S13

3,958.146,314

3.335.710,138

Exp. 622,136,176
Exp. 124,187,235

7,293,850,452

Exp. 45.317.790

1,313.663,55

791,629,263

1886
1887
1888
1889
1890

679,490,670

#

667,142,028

695.845.916

634,172,830
688,507,813
718,838,263

712.292,879
8S5.777.083

781,473,158

3,689,510,234

3,561,081,760

716.103,656

Total 5 years

738,092,646

t
1,544,983,561)

Exp. 25,896.188
Exp. 100,582,303
Exp. 71,763.575
Exp. 164,539,797

Exp

l.:il9,5V'4,455

1,458,771,290
•

27,595,843

1,404.611,469

Imp. 22,992,317
Exp. 4,200.233
Exp. 74,306,925

1,414,684,209
1,480,385,525

Exp. 128,42->,474
Exp. 25,685,695

7,250,591,994

712,216,352

Exp. 48,594,099

l,720,089,6e9

817,496,397
854,405,176

Exp.212,397,08^

1.817,389,880

891.907,709

647,775,017

Imp. 7.126,451
Exp. 244,132,692
Exp. 75,568,300

1,539,882.728

731,969,965
3,887,394,340

Average

892,191,993

777,478,868

1896
1897
1898
1899

682,606,938

779,724,674

1,050,993,556

764,730.412
618,019,654

1.231.482.330
1,227,023,302

1,394,479.^14

Total 5 years
..

5,7o6,585,340
l,lt7,317,068

Note.—The foregoiog

697,148,489
819,714,329
3,707,367,558

741,473,512

1,450,118,399

1,701,883,901

1.539,508,130

Exp. 573,565.826
Exp. 114 ,713,125

8,348,35 J, 306

Exp. 102,882,264
Exp. 28 5,36 ,144
Exp. 6 15.432,676
Exp, 529,874,813
Exp. 544,7 64,885

1,662,331,613

Exp

1,669,670,861

I,615,7i3,9e8
1.847,: 31.1:84

1,924,171,791

2,244.193,543

9,493,952,898
1.89^.790,580

2,079,217,782

Exp. 4 15.843 556

tigures are exclusive of gold

exported and imported, which we include in gold and

With a

16,550,627

17,325,635-

19,113,563

10.431.81S.

26,378,059

21,053,475

5,317,584

28,148.510

20,51 9,23v

3«,797,744

25,629,934

26.930,488

*4,2£,G\7e&

39,611,817

3,570,373

32,069,38 Exp. 86,6 .'8,071
72.9f9.588 Exp. 4,005,567

41,107,181

34,293,999

6,!-13,18a

50,667,059

19,965.713

36,334,760 Exp. 30,183,721
33,525,06i Exp. 78.884,882

47.295,286
60.511.67r

20,211,179

28,777,186

1893...

85,011,780 Imp. 44.653,200
15,406,391 120 391,874 lmp.1049b5.283

61.916.638
55.105,239

30,533,227
3J,9t7,78l

30,701,34*
27.081.107
31,764,4e4
31,113,111
24,17 7.4£»

1899

37,52?,08i>

88,954,603 Imp. 51,432.517
42.829.<57 Exp. 5.436.77 2

56,319,065
66,71«.VJ5

30.67f.'

56

25,6i\99»

35.236.697

21.475.578.

.

1891...
18*2...

1893.... 103,697,451

1894...

76,995 130

..

66,468,481

.

.

112,409,947

40,361,580

..

48,268.921

Note, —Gold and silver in ore, exported or imported, are included in the
above.
This is an excess of imports.

OUR HALF-YEARLY IRON PRODUCTION
The

production in the United
States for the half-year ending June 30 1900, which
Mr. James M. Swank has prepared with the usual
promptitude for the American Iron & Steel Associastatistics of pig-iron

1,837.247,241

835,747,785

807,533,165

Average.

33,876,262
29,545,379

throw an interesting light on the existing sltua*
tion in the iron trade.
The reaction in the trade has
been in progress for several months. It was in April
that the Chairman of the board of directors of the
American Steel & Wire Company made his startling
pronouncement regarding the difficulty experienced
in finding a market for accumulating stocks of goods,
and since then matters in the iron and steel industry
have been going from bad to worse. Yet, despite the
check imposed by these circumstances, the output of:
iron for the half-year is found to be the very largest
on record, surpassing even the production for the last
half of 1899, which had far exceeded any previous
tion,

4,460,959,966

1900,.

12,508,8-

l,407,158,9fl

847,278,725

Total 5 years

10,755,242

14,594,915

1,475,175,336

881,341,881
1,029,893,483

,

9,540,388

20,295,6.i0

27,103.76

1.546,914,131

737,902,047

1891
1892
1893
1894
1895

6,356,882
8.740.75S

28,781.566

1890.

1900....

$
902.318.941
750,535,762
823,763,217
739,461,268
742,087,126

8,095,336

36,023.573

.

1896.

June

10,544,238

22.729.705
33,182,22f

1889.

1897...

Year ending

42,921,272

16,900,120
18,836,094

7,627,27&
11,167,81*
8,142,02a

1888...

1896

1900. INCLUSIVE.

Imp. 97,466,127
34,377,054 Imp. 1,789,174
17,734,149 Imp. 6,133,261
22,831,317 Exp. 18,250.640
26,691,696 Imp. 18.213,804
20,74?,34P Exp. 22.208,842

2,565,132 100,031,259

1881...

1882...

and

silver in ore

silver.

total merchandise balance in the country's
favor during the last three years of 1,690 million dol-

total.

In brief, the make of iron for the six months to
lars, augmented moreover by the exports of silver, we June 30 1900 was no less than 7,642,569 tons, or at
were obliged several times during the late fiscal year the rate of over 15i million tons per^year. In the
to export gold and a gold outflow was in progress as last half of 1899 the output was 7,331,536 tons, in the
the year closed. This phenomenon is not easy of ex- first half of that year" it was but 6,289,167 tons.
planation.
Of course we owe the outside world each Hence as compared with the corresponding period of
year a considerable sum for interest, freights, &c. last year the production has increased over 1£ million,

THE CHRONICLE.

162

[Vol.

LXXI

fact

that the apparent consumption for the six
months of 1900 works out 7,367,971 tons, against only
not tell the whole story. The output
months of 1899 was itself of unusual proportions. It 6,577,307 tons in the six months of 1899, 5,988,345
The
will give a better idea of the magnitude of this year's tons in 1898 and but 4,277,484 tons for 1897.
total to say that prior to 1899 the output had never situation may therefore be summed up by saying that
reached even six million tons in any six months, and fur- the depression which has become so pronounced in the
thermore that prior to 1898 as much as five million iron and steel trades is due to the fact that protons of iron had been made in only two half-yearly duction has for the time being outstripped current
demands, but that under a restriction of the output
periods.
We subjoin the totals back to 1889.
PERIODS.
PBODUCTION OF PIG-IRON IN HALF-YEABLY
which is now going on and the decline in prices, a reGross Tons.
Gross Tons.
4,087.558 adjustment is being effected which must sooner or
1889—1st hall
3.661,603 1895— 1st half
5.358,750
2d half
3,942,039
2d half
4,976.236 later restore things to a normal basis.
1890— 1st half
4,560,513 1896— l8t half

more than 20 per

tons, or

Bat even that does

cent.

for the first six

2nd half
1891-let half
2nd half

4.642,190
3,368,107
4,911,763
4,769,683
4,387,317
4,562,918
2,561,584
2,717,983
3,939,405

1892—1st half

2nd half

1893— let half
2nd half

1894— 1st half

2nd half

3,646,891
4,403.4-6
5.249,204
5.869,703
5.904,231
6,289,167
7,331,536
7,642,569

1897— 1st

half
2nd half
1898— 1st half
2nd half

1899-lethalf
2nd half

1900— 1st half

ITEMS ABOUT BANKS, BANKERS AND TRUST CO'S.

—

The sales of bank stocks at the Stock Exchange this
week aggregate 25 shares. The only sale at auction was of

35 shares of the Manufacturers' National Bank of Brooklyn
indicated has ex- at 260. The last previous sale of this stock was made in Notended to all classes of iron, namely that made with vember, 1898, at 235. Transactions in trust company stocks
charcoal as fuel, that with anthracite and that with were limited to a sale at auction of 10 shares of Atlantic
Trust Co. stock at 204%.
bituminous coal and coke. In the following we show
Shares. Banks— New York.
Price.
Last Previous Sale.
*10 New York, N. B. A., Bank of ..255
the iron made with each kind of fuel, comparing with
July 1900— 257
*15 Ninth National Bank
90
July 1900 80 »a
also
years.
the corresponding periods of previous
We
Banks —Brooklyn.
35 Manufacturers' Nat. Bank
260
Nov. 1898- 235
indicate the changes in stocks at the beginning and
Tbust Companies—New lork.
end of each half-year period.
10 Atlantic Trust Co
May 1900— 200
204%
PRODUCTION OF IRON ACCORDING TO FUEL USED.
* Sales at the Stock Exohange.

2nd half

The expansion

Firtt Six Month/.

in product here

1900.

1899.

1898.

1896.

1897.

1895.

& coke 6,469,714 5,478,655 5,087.491 3,804,882 4,155,528 3,497,078
Mixed anthr. & coke
990.667
682,027
635,209
684,011 487,179
473,837
Anthracite alone ....>
Charcoal
167,146
128.485
147,003
121,757
136.697
103,001
Mixed charcoal & coke
25,012
Bitumin'us coal

)

Total

,

7,642,569

6.269,167

342,907

127,193
6*.309

5.869,703 4,403,476 4,976,236 4,087,558

Unsold stocks-

June 30
December 31

756.336
415.333

973,678
874.978

705,847
847,686

520,590
506,132

Note. —In above stocks are included amouuts reported held by the
American Pig-iron Storage Warrant Company.

It will be seen that the
'

movement

of stocks the last

months was completely reversed. Beginning with
June 30 1897, when the accumulations were 973,678

six

each six months
showing a lower total, until on December 31 1899
the amount was reported but 68,309 tons. In the interval since then stocks have again been increasing,
and for June 30 1900 are reported 342,907 tons.
These are the stocks unsold in the hands of manufacturers or their agents, and also the stocks held in the
yards of the American Pig-iron Storage Warrant Company. Iron in the hands of consumers, or sold and
not removed from the furnace bank, or iron manufactured by rolling mill owners for their own use, is never
included. Accepting the figures given as showing
relatively the changes which have occurred, and blowing for these changes, the following affords an indication of the apparent consumption.
stocks steadily diminished,

tons,

CONSUMPTION OF DOMESTIC PIG-IRON IN UNITED STATES.
JFirst

Gross

Six Months.
1900.

Production
Increase in stock

1899.

Tom of 2,240

1898.

1897.

Lbs.
1896.

1895.

7,642.669 6,289,167 6,869,703
274,598 •288,140 •118,642

4,403,476 4,976,236 4,087,658
125,992
199,715 140,738

7.3A7.0-1 6.677.307 H,88*».84

4,277.484 4,776,521 t.228,296

—

In noting last week the proposed increase from $2,000,000
to $3,000,000 in the capital of the Continental National Bank
of Chicago, we adverted to the fact that the officials of the

bank had found themselves obliged to take this step because
of the growing dimensions of the business of the institution.
Study of the bank's returns for the last five years, as published under the various calls of the Comptroller of the Currency, discloses that the business of the bank has been developed in a really striking way. The figures are given in
the table which follows. We have had occasion to refer of
late to quite a number of instances of expansion on the part
of the Chicago banks, but the record of the Continental National Bank furnishes, perhaps, the most striking illustration
we have yet had.
Continental

Surplus and
Undiv. profits.

Gross

Aggregate

Mar' t price.

Bid. Ask.
$717,964 $28,454,606 $31,872,573 *180 185
173 178
693,924
23,809,960
27,153,888
165 169
659,688
23,794,606
26,499,198
170
649,232
165
24.721,393
Dec. 2,1899......
22,027,158
157 160
580,698
24,882,458
27,508,159
Sept. 7,1899
156
160
591,613
25,046,862
27,686,478
June 30, 1899
158
152
509,600
22,507,807
25,062,411
Apr. 5,1899
156 160
502,723
23,954,046
26,501,773
Feb. 4, 1899
160
155
548,346
Dec. 1,1898
23,020,500. 25,613,849
17,490,784* 20,030,668
150 155
494,881
Sept. 21, 1898
150
148
476,513
17,540,810
20,062,326
July 14, 1898
142 148
19.454,711
500,447
16,909,260
May 5,1898
140 142
449,946
16,173,945
18,668,893
Feb. 18, 1898
137
135
506,192
15,246,553
17,797,757
Dec. 15, 1897
130 133
482,775
5,1897
14,052,559
16,578,787
Oct.
128
458,092
127
11,905,570
14,407,114
July 23, 1897
127
ll.652.i69
125
485,047
14,182,119
May 14,1897
125 128
461,142
12,387,156
9,881,011
Mar. 9,1897
125 180
573,516
12,219,637
9,601,118
Dec. 17, 1896
124*« 128
534,267
11.586,934
9,018,785
Dec. 2, 1895
Note.— Capital was $2,000,000 at all the above dates.
* Present quotation.

Nat. Bk., Chic.
June 29, 1900
Apr. 26, 1900
Feb. 13, 1900

Deposits.

Resources.

,

Four and

a-half years ago,

on December

2,

1895, the gross

deposits of the Continental National, it will be observed,

over $9,000,000. Now they are reported
considerably over three times that sum, or $28,454,606.
•Decrease.
foregoing reveals on the whole very satisfactory Aggregate resources have risen in the interval from $11,586,The
surIt shows that consumption of iron is ob- 954 to $31,872,573. Under the circumstances it is not
results.
the officials of the bank should deem it desirable
prising that
viously on a very large scale. And this conclusion is
to add to its capital in order to be prepared for the still
not altered by the fact that possibly unused stocks larger business which they are doubtless looking forward to
held by consumers, and not reported, may be in excess in the future. The bank has had the same executive head
of what they have recently been. For the appar- during the whole of the above period. The officials are:
ent consumption of 1900 is so very much greater John C. Black, President; Isaac N. Perry, Vice President;
Reynolds, Cashier; Ira P. Bowen and Benjamin
than in other recent years that even if such stocks George M.
S. Mayer, Assistant Cashiers.
should have been added to several hundred thousand
—At a meeting of stockholders of the First National Bank
tons the actual consumption would still have been
of Chicago, held on July 24, pursuant to notice which was
of enormous dimensions. This is evident from the printed in this department June 23, final action was taken in
Consumption

were only a

trifle

J

July

THE CHRONICLE.

28, 1900.

the matter of the absorption by this bank of the Union
National Bank of Chicago. Oat of a total of 30,000 shares
outstanding, 28,371, the largest ever cast at a stockholders'
meeting, were voted in favor of the proposition for merger.
resolution was then adopted [to increase the capital from
$3,000,000 to $5,000,000, and the stockholders voted to enlarge
the board of directors, making the number fifteen instead of
eleven as at present. The four new directors elected were
W. L. Brown, John A. Spoor, John H. Barker and D. Mark
Cummings. It was resolved to apply $1,000,000 of the new
stock of the bank for the purpose of acquiring the business of
the Union National. After the stockholders meeting the
directors met and adopted a resolution to offer $1,000,000 of
the new stock to present stockholders atjpar, pro rata, according to their present holdings, subscriptions to be made and
paid in on or before Aug. 18. It was also resolved that the
remaining $1,000,000 of additional stock be given for the
business of the Union National, whose stockholders are to
take the stock before Sept. 1, when the consolidation will
become effective. D. B. Forgan, President of the Union
National, was elected a director of the First National, to fill a
vacancy caused by the resignation of A. A. Carpenter, which
was accepted at the last meeting of the board. Mr. Forgan
was then elected Vice-President, to rank next to President
James B. Forgan. August Blum, Cashier of the Union
National, was elected Assistant Cashier, to rank next to
Holmes Hoge, who is senior Assistant Cashier. The stockholders of the Union National met July 25 and ratified the
terms of merger.

A

—

163

June 30, 1900, deposits of $5,279,363, with capital
of $1,000,000 and surplus of $454,090. L. V. F.Randolph is
President, John L. Riker, 1st Vice President, and John Alvin
Young, Secretary. The institution intends moving into new
reports for

quarters in the Fall.

—As

expected, Benjamin Githens, formerly Vice-President, was this week elected President of the Corn Exchange
National Bank of Philadelphia by the board of directors of

bank to succeed the late J. Weslee Supplee, who died
suddenly a short time ago. William L. Supplee was at the
same time elected to the board of directors to fill the vacancy
in the board created by the death of his father.
Mr. Githens is considered exceedingly well qualified for
his new post. He is the head of the well-known Philadelphia house of Githens, Rexamer & Co., wholesale grocers.
He is a self-made man, having begun life as a poor boy. He
has been a director of the Corn Exchange National for a
quarter of a century and its Vice-President for about two
the

years.

—The Fidelity Trust
June

for

30, 1900,

Company of Newark, in its return
shows deposits of Over five million dollars

and aggregate resources exceeding 1% million dollars. The
of the institution was changed about two years ago
from Fidelity Trust & Deposit Company to Fidelity Trust
Company. The capital then was only $350,000, though

name

shortly thereafter

now

is

it

was made

The progress of the institution
the following table.

$1,331,235.

The Commercial Trust Company of New Jersey (with Fidelity Trust Co.,
temporary office at No. 55 Montgomery Street, Jersey City,)
of Newark.
Capital.
in its first semi-annual statement of date June 30, 1900, June 30, 1900
$l,O0O,COO
shows deposits of $1,516,508 and aggregate resources of $2,546,465.
The institution was opened for business at the beginning of the year. It has a capital of $500,000, with a surplus of equal amount. The officers are: John W. Hardenbergh, President; George W. Young, Vice-President; Robert
S. Ross, Vice-President, and Oscar L. Gubelman, Secretary

full $500,000.

Dec. 31, 1899
Deo. 31, 1898
Deo. 31, 1897

The

The amount

$1,000,000, with surplus and undivided
is

profits of

indicated

Surplus and

Gross

TTndiv. profits,

deposits.

$1,331,285
1,015,619
247,433
130,516

$5,053,967
4,227,179
4,791,683
2,469,763

920,900
500,000
350,000

by

A ggregate
resources.
$7,599,413
6,394,320
5,756,665
3,048,97a

the Fidelity Trust Co. are Uzal H. McCarter, President
John F. Dryden, Vice President Jerome
Taylor, Second Vice-President and Trust Officer ; Frederick
W. Egner, Secretary and Treasurer.
officers of
;

:

;

and Treasurer.
The board of directors comprises an unusual array of
—The Twelfth Ward Bank of this city, located at 125th
names prominent in the financial world, including August Street and Lexington Avenue, has adopted a policy calculated
Belmont, of August Belmont & Co. C. Ledyard Blair, of to add to its strength and to enhance its reputation and
Blair & Co.; C. C. Cuyler, of Cuyler, Morgan & Co.; prestige. It has been decided to forego dividends and to
James H. Hyde, Vice-President Equitable Life Assurance allow the profits to remain to swell the surplus account. AcSociety; Charles T. Barney, President Knickerbocker Trust cordingly the July dividend was passed. This policy is to be
Co.; Joseph S. Auerbach, of Davies, Stone & Auerbach; continued until the surplus equals the amount of the capital.
Luther Kountze, of Kountze Brothers; James A. Macdonald, The capital is $200,000, and the surplus and undivided profits
President Queen Insurance Co. of America; Allan L. Mc- in the return for May 31 were reported $52,510. The bank
Dermott, Corporation Counsel, Jersey City; E ben B. Thomas, has very few shareholders, the members of the board of
President Erie Railroad Co.; Miles Tierney, President Hud- directors holding a large portion of the stock, and the feeling
son Trust Co., Hoboken; George W. Young, President in favor of increasing the surplus in preference to declaring
United States Mortgage & Trust Co., besides Walter E. dividends was unanimous. Mr. Isaac A. Hopper is President.
Ammon, Marcus Beach, Frederick G. Bourne, William
The Ohio National Bank of Columbus, Ohio, which was
Brinkerhoff, John D. Carncallen, Jacob J. Detwiller, John organized as the Ohio Savings Bank August 1, 1888, and which
W. Hardenbergh, Robert M. Jarvis, Gustav E. Kissel, became a national institution on May 15, 1897, has increased
Henry Lembeck, Frank J. Matthews, James G. Morgan, N. its line of deposits to over two million dollars, the figures
Thayer Robb, Robert S. Ross, Edwin A. Stevens, Benjamin June 29, 1900, under the Comptroller's last call, being $2,056,L. Stowe, Augustus H. Vanderpoel, John J. Voorhees and 732. August 1, 1897, the deposits were reported only $747,688.
Augustus Zabriskie.
The semi- annual statement of the Union Discount Co. of
—Herbert C. Wright will enter the bond business in Chi- London, Limited, has come to hand. The profit and loss accago during August as a member of the firm of Wright & count for the six months ending June 30, shows gross profits,
Ferguson. Mr. Wright was bond man for A. O. Slaughter & including the balance brought forward from the last
Co. and financial writer for a Chicago publication, and has half-year, of $1,108,079.
The paid-up capital stands afe
recently been associated with the reorganization committee 83,750,000, being one-half the total amount subscribed. The
of the Kansas City & Northern Connecting and other com- reserve fund stands at $1,800,000; loans and deposits, $59,;

—

—

panies.

—The members

129,623; bills re-discounted, $24,513,832.

of the New York Produce Exchange
week voted unanimously in favor of the proposition to set
apart a portion of the main floor of the Exchange for the use
of the New York Stock Exchange.
About 12,000 square feet
this

of space at the southerly end of the building is to be allot,
ted for this purpose. The business of the New York Stock
Exchange will be conducted in these quarters during the

A semi-annual divi-

dend was declared at the rate of ten per cent per annum^
and a bonus at the rate of two per cent per annum.

—The Produce Exchange

Trust Co. of this city has filed a
with the State Banking Department announcing
that its corporate name has been changed to that of the
Bowling Green Trust Company.
certificate

announced that the American Colonial Bank in San
Juan, Porto Rico, has been appointed by the Treasury Department the United States depository for that island. The
bank had already been made a depository for the insular govCompany ernment, and it may now be considered the official bank of the
—It is interesting to note that the Atlantic Trust
of this city makes the statement that not an error or a loss island of Porto Rico. The Colonial Bank was organized in
has occurred during the last five years, owing to the con- April, 1899, by Muller, Schall & Co., of this city, with a
servative methods of management pursued. The company capital of $400,000 gold, and it has been quite prosperous, as

period from April 15, 1901, to May 1, 1902, while a new Stock
Exohange building is being erected on the site of the present
structure and the adjoining property recently purchased.

—It

is

—
.

—

..
.
.

THE CHRONICLE.

164

[Vol. LXXI.

is indicated by the fact that its deposits already amount to
about $600,000. The President is William Schall of the
Second Quarter.
above-named firm, and the Cashier is E. L. Arnold, formerly Few England 8tates
Middle States
a manager of a national bank in Massilon, Ohio. Among the Southern States
Southwestern States
directors are New York and Porto Rico capitalists.
Central States

1900.

1899.
No. of
Amount of
Failures. Liabilities. Failures. Liabilities.
$3,s79,f>43
392
$3,302,352
408
.

522
395
157
470
233
253

416
385
139
341
168
240

4,189.163
2,641,093
644,467
2,481,473
811,673
840,681

$41,724,879

2,081

$14,910,902

$2,260,101

231

$1,410,774

529
496

$12,362,921
32,917,414
7,458.747
3,062,028
13,360,880
3,54"', 356
2,038,106

928
958
893
352
823
404
495

$9,987,432
9,708,356
7,198,978
1,750 202
9,188,128
2,034,465
2,195,372

Aggregate United States... 5,332

$74,747,452

4,853

$42,062,933

,

Western States

IMPORTS AND EXPORTS OF GOLD AND
SILVER AT SAN FRANCISCO

.

23,411,729
3,689,394
1,416.175
6,861,989
1,^80,690
785,359

Western States
Trust Company was partially organized Pacific States and Terrltor's.
October 21 last year with a capital of $2,000,000 and a surAggregate United States. ..2,438.
plus of $1,000,000. It was announced in this column Decem295
ber 2 that the perfecting of the organization had been de- Dominion of Canada
Six Months.
ferred until January. It is now stated that the executive
NewEngland States
902
Middle States....
b">ard has decided not to begin business until after the Presi
1,071
Southern States
924
tlential election in November, conditions not being at present Southwestern States
423
central State*.
987
regarded as favorable for new financial enterprises.

A. Garland, who until last year was one of the
Vice-Presidents of the First National Bank of this city, died
on Thursday in Hamilton, Mass. Mr. Garland was associated
•with Mr. H. C. Fahnestock in the management of the abovenamed bank since 1874, and daring this period until his resignation, with the exception of the last few years, he was
Previous to their
prominent ia New York financial circles.
connection with the bank both Mr. Garland and Mr. Fjhnestock were in the firm of Jay Cooke & Co.

,

,

Amount of

No. of

—The Century

—James

>

Pacific StatesandTerritor's.

Dominion of Canada
601
704
$5,016,742
$5,668,200
The record of failures in the United States by quarters for
the first six months of the last fifteen years is as follows
:

First Quarter.

,

Years

—

Number

Liabilities.

Failures.

$46,121,051
29,681,726
32,161,762
38,884.789
42,972,516
37,852,968

2,346
1,953
1,905
2,241
2,292
2,162
2,529
2,119
3,199
2.735
2,855
2,995
2,889
3,031
2,031
2,438

Failures.

1885
1H86
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900

Second Quarter.

Amount of

Number

Failures.

,

3,658
3,203
3,007
2.948
3,311
3,223
3,545
3,384

42,16'3.63l

39,284,349
47,338.300
64,137,333
47,813,683
57,425,135
48,007,911
32.946,565
27,152,031

3,'<;03

4,304
3,802
4,031
3,932
3,687
2,772
2.894

—

Amount of
Liabilities.

$28,601,304
20,752,734
22,976,330
29,^29,370
22,856,337
27,466,416
50,248,636
2<!,989,331

121,541,239
3',601,973
41,026.261
40,444,547
43,684,876
34,4-8,074
14,910,902
41,724,879

Through the courtesy of the Collector of Customs at San
Francisco we have received this week the details of imports
and exports of gold and silver through that port for the
33,05J-2,573
month of June, and they are given below in conjunction
vrith the figures for preceding months, thus completing the
FAILURES
BRANCHES OF TRADE.
results for the fiscal year 1899-1900. The imports of gold
We take from Dun's Review the following statement
were important in amount, reaching $533,159, of which showing the failures in the United States by branches of
Of silver there came in $226,- trade for the six months ending June 30 in each of the
$502,780 was in coin.
During the twelve last three years
183, of which $216 515 was bullion.
FAILURES BY BRANCHES OF BUSINESS.
months there has been received a total of $10,456,361
gold and $2,669,334 silver, which compares with $31,302,514
January 1 to June 30.
gold and $2,073,890 silver in 1898-1899. The shipments of
1900.
1898.
1899.
gold during June were only $11,153, all coin, and the
No. Liabilities. No. Liabilities. No. Viabilities.
exports of silver have been $823,352, of which $250,7C2 was
Manufacturers.
I
t
$
11
894,069
11
630,401
82
133,960
coin. For the twelve months the exports of gold have reached iron, foundries and nails..
1S5

BY

:

f 2,025,189, against $1,774,737 in 1898-99, and $7,552,120 silver
has been sent out, against $4,889,974 in 1898-1899. The exhibit for Jane and the twelve months is as follows
TMP3RTS OF GOLD AND 8ILVER AT SAN FRANCISCO.

95
18
4
187
140
10
19
eo
70
51
48
12
427

3,641,725
614,581
49,200
6,972,595
1.612.U94
102,006
376.W53
791,871
446,y61,227,522
988,154
536,079
7,isi,k07

82
50
58
46
23
805

1,857,116
P2i,554
198.781
2.651 fiZi
1,867,816
12*,162
602,353
971,63*
741,315
865,076
2,021,3-8
50 ,9K2
3,Or 6,852

Total manufacturing... 1,152

24,605,466

990

1 «,723,364

3.880,701
4,592,J67
1,02^,400
2,347,841
2,405,688
8,4w4,995
1.570,al7
8e3,H4B
1,088,581
612,953
749,713

617
034
168
394
264
212

4,274,597
8,049,622
1, 037,2 ;b
1.866.797
l,bl*,205
2,21S,2tK
1,663,687
972,189
760,153
837.941
492,425
163,2.2

Wool'ns.c'rp'ts&knitgoods
Cottons, lace and hosiery..
Lumb'r,carp'nt'rs& coop'rs
Clothing and millinery. .

:

GOLD.

1899-1900.

Ootober... 1,168,063
November.
34,580
December. 265,205
January...
3,312
February..
70,008
6,356
April
2,274,300

May

June

2,477,2fil
......

Tot. 12

9

$

July
558,878
Aagust
1,226.525
September 882,990

502,780

mos 9,470,258

155,979
48,316
72,124
408,361
81,978
80,276
22,316
8,152
41,294
14,284
22,644
30,379

GUass.

Ooin.

Total.

1

1,274,841

|

955,114

j

1,576,424

116,558
345,481
25,628
78,160
47.650
2.288,584
2,499,905
533,159

Bullion,

~$

$
714,«57

i

78,023
19,476
57,589
110,580
112,607
49,4^7
55,571
2.5R2
18 197
7,178

53,384
9,668

&

harness
Liquors and tobacco

SILVER.

Bullion.

.

Leather, shoes

MONTHS.

uom.

Chemicals, drugs & paints
Printing and engraving..

earthenware & brick

Total.

$
147,612
144,359
204,432
156,14 r
213,315
146,476
230,233
50.977
237.311
220,775
127,920
216,515

$
225.635
163,835
262,021
266,727
325,922

.

195,9(>3

285,804
5?,539
255,508
227,953
180,304
226,183

986,103 10456361 573,262 2,096,072 2,669,334

EXPORTS OF GOLD AND 8ILVER FROM SAN FRANCISCO.

Traders.

en

Groceries, meats and flsh
Hotels and restaurants.
.

.

.

Clothing and furnishing...
3hoes, rubbers and trunks
Furniture and crockery...
Hardware, stoves & tools.

Books and papers
All

other

Total trading...
Brokers and transporters

1.033
194

467
271
224
164
105
14H
131
77
33
12

SILVER.

MONTHS.
Coin.

1899-1900.

Jaly
August
September
Ootober.

.

November.
December.
January ..
February..
March.....
April

Bull'n

Total.

Ooin.

Bullion.

9

9

9

9

9

361,235
457,980
434,780

iio
420

6,885

112,345
314,490
104.490
190,043
14,860
3.91"
7,818
11,153

361,215
458,090
435,200
6,885

850

113,19.*

1,200

920
50

315,690
105.410
190.09S
14.860

1,600

3,910
9,41*
11,153

142,264
498,816
171,388
19,816
211,573
671,776
133,190
255,556
377,366
195.255
295,938
250,70 !

458,400
231,000
315,800
227,900
448,500
363,670
284,407
42fi,045

239.315
252.593
508,'00
572,650

$
600,664
729,816
487,188
247.716
660,073
1,035,446
417,597
681,60)
616,681
447.84H
804.138
823,352

Cot 12 mos 2,020,039 5.150 2,025,189 3.923.K40 4.328,480 7,552 120

Failures for Second Quarter and Since January 1.
The following figures, taken from Dun's Review, show the
number of failures in the United States and Canada during
the quarter ending June 30, 1900, and for the six months ending with the same date. For purposes of comparison like figures for the corresponding periods of the preceding year are
given
:

170
104
111

149
81
80
15
446

444
3.915

2-<,019,64l

3,738

gH6

22,122.346

30
Total.

21

5H.122
6,418,72P

5,332

GOLD.

375,382

57
16
10
166
119
16

Ife9,620

92
75
74
eo
43
412

4,204.54«
1,666.600
791.550
4,383,877
1.6U8.071
302.S33
2,472,879
1 765.417
447,723
1,495,370
1,175,121
731,088
8,944,002

1,343

30,768.144

796

4.321,690
4,704,038
1.106,495
1,957,914
8,867.875
8,278,200

22
13
206
125
20
44

1,344
185

492
431
297
280
170
17»
210
li>9

84
81

1,912. M95

1,165,863
1,628,160
1,0*5 389

997,719
435,802
1,082,732
5,477,864

3,772,429

606
6,20-<

145

23,011.3«4
2,328,215

iee

32,966,626
8,719,860

74,747,452 4,853

42,062,933

6,718

67.444.639

48

8,*0\144

P6.022,6«2

81

7,(10l.72&!

Note.— Iron, woolens and cottons include all the branches ot tnose manufactures; machinery includes Implements and tools; lumber Includes sawplaning, sash and door mills, carpenters and oopers; clothing includes millinery
and furnishings; hats include furs and gloves; chemicals include drugs, fertilisers, paints and oils; printing and books include engraving and maps; milling
Includes baking; leather and shoes Include makers of harness, saddlery, trunks
and rubber goods; liquors include tobacco, wines, brewers and beer; glass includes earthenware, pottery, brick, lime and cement; groceries include meats
and fish; hotels Include restaurants; dry goods Include carpets and curtaius
furniture includes crockery; hardware includes stoves and tools; and Jewelry
includes clocks and watches. Brokers include all real estate, note, insurance
or produce dealers whose main business is not the handling of actual products,
»nd transporters include nil except ircoroorated railway companies. Under
Banking are included mortgage, loan, and all fiduciary concerns.

I$t0ti£targf (&Bmmzvtixl%UQlisUMzros
[From our own correspondent.]
London, Saturday, July 21.
Business in every department continues quiet, though there
is more demand for American railway shares than for a considerable time past. The impression is growing here that a
considerable recovery in American securities will be witnessed before long, and operators therefore are buying

Not much doubt is entertained that Mr Mesteadily.
Kinley will be re-elected, and therefore that there will be
no attempt to interfere with the currency; while it is hoped
that the recent rains have improved the spring-wheat crop.

9

July

28,

1900.]

THE CHRONICLE.

3

65

In the South African departrmnt there is little doing, as only by assistance rendered by the Finance Minist r. The
people are disappointed because work on the Randt cannot Finance Minister is exerting himself to prevent very high
be resumed for about two months. In Bhodesian mines, rates being charged; and as he is practically absolute, no
however, there is a little more inquiry. Investment securities doubt he will succeed; but although rates are artificially
proper are attracting little attention, partly because the im
low the market is in a very sensitive and very weak state.
Altogether the economic position of Russia just now is
pressiou is that money will become scarce and dear by and
by, and partly because it seems clear that the Government bad, and the exertions she will have to make on account of
will have to borrow again— probably not very much. But the troubles in China are a matter of some consequence to
A little while ago she was negotiating for a large loan
it is obvious that military operations will not be quite conber.
cluded for a month or two yet, and then the army will have in Paris; but there is so much apprehension now arising out
to be brought back; and the Chancellor of the Exchequer of the state of Cuina that it is doubtful whether a large loan
made no provision for the bringing ba?k of the troops. The could be floated until the political atmosphere becomes
clearer.
vote he ashed for was to suffice till the end of September.
There is some apprehension lest the monsoon should again
Money continues very cheap and abundant in India, and
the India Council succeeds in selling its drafts well. On
fail on the west coast of India, especiall/ in Bombay and the
central provinces. The rains are satisfactory all along the Wednesday it offered for tender 30 lacs and the applications
east coast. Madras, Bengal. Assam, Barma and even in reached nearly 38 lacs. The whole amount off >red was disUpper iDdia, the Northwest Provinces and the Pun j vub;but|al posed of at prices ranging from Is. 3 15-16J. to Is. 4d. per
though during the past day or two better accounts hive been rupee. Afterwards about 2% lacs were sold by special conreceived, yet up to the present the monsoon rains have been tract at Is. 3 31 31d.
very deficient along the west coast. Apart from the loss of
The following return shows the position of the Bank of
life and property and the cost to the Government a second
England, the Bank rate of discount, the price of consols, &c.
bad season would very much affect for the worse Lancashire;
1900.
1899.
1898.
1897.
July 11.
July 12
July 13
Ju'V 14.
and the troubles in China by practically stopping imports
£
£
£
£
into China are likely to have a detrimental effect likewise.
80,610,180
28 988.600
Jlrcnlatlon
28,106,255
28,0*6.305
8,839.8c5
7,27-1.369
7,88«,fl47
7.138,816
deposits
Lancashire will probably not do as well during the next t»ublicdeposits
43.7C6.056
4«.0<H.^ad
40,296.8'
4fl,S77,855
Other
20,k7o,638
twelve months as for a long time past
13,79t,6H0
13.786,887
Jovernment securities
18,858,622
29.90-<.H61
32,879,102
33,403 878
29.714,289
Meanwhile there are signs that the liquidation in Ger- Other securities and coin
18,849.864
20,031.466
26,0.0,372
25,484,820
Reserve of notes
many has been carried so far that all serious danger is now Join & bullion, both departm'ts 31,685.014 32,220.066 36.3 16.627 36.'. 3 1.1 26
3- %
Prop, reserve to liabilities. d. c.
41%
49^
*m
removed. That there will be failures is a matter of course; Sank rate,
3
per cent.
2
SM
2H
9tjg
112 13-16
but there seems little probability now of serious failures. Consols, 254 per cent,
111 1 1-16
106H
27 11 l6d.
27 9-18d.
Mlver
28 7-iud.
27Md.
The 'break'- in Berlin at one time last week threatened to be ")learin«-House returns
166,971.000 171.732.000 135,416.000 122 907.0UO
a collapse. Practically there were no bayers and stocks
Messrs. Pixley & Abell write as follows under date of
were being thrown on the market in enormous numbers; July 12:
but at length the greater capitalists were attracted and the
Gold.— With the Paris cheque continuing weak at 2511 there has
crisis came to an end on Friday night, an improvement set- been a steady demand from that quarter the whole week, which has
ting in on Saturday. The "break" was much aggravated by been sufficient to absorb all arrivals of bar gold, and In addition has
the bourse laws intended to prevent time-bargains and caused withdrawals from the Bank of £752,000 in French coin. In
addition £90.000 has been
for the Cape and
directed mainly against the Jews. There was no "bear" while£10<,000 has arrived taken Egypt and Australia:South America,
from
the net loss on
account open in the industrial market, owing to these laws; tlie week being £731,000 Arrivals for month of Jane: Holland,
and consequently when the selling of real investors began £501,000; Belgium, £15,000; Portugal, £31,000; Japan, 130,000;
there was nobody interested in taking advantage of the Egypt, £201,000; China, £33,000; Australia, £577,000. Total. £1,4Sf,000. Shipments for month of June: Germany, £740,0 0; France,
downward movement. Moreover, since the bourse laws £381,000; 8weden, £100,000; South Africa, £5C 0,000; South America,
were passed it has been found more than once that un £4,000.
8ilver.— The recovery which began last week has continued, and
scrupulous operators have taken advantage of the laws to
with the French Mint inviting tenders for 30,000 kilos for short derepudiate their obligations, and have thereby involved bank- livery the market price rose to 28»i*d., while business was done as high
ers and brokers in large losses. The banks in consequence of as 28^.; at this prioe buyers showed signs of being satisfied and there
this took alarm when the slump began and they forced sale has been again a reaction to 287j 6 d. at which there are unfilled
Arrivals:
New York, £228,000; Australia,
in every direction. The impression now is that although the orders in the market
Shipments: Bombay, £lio,000.
For
£4,000; Total, £232,000.
bankers no doubt have a large lock-up, yet their losses will month of June, arrivals: U. 8. A., £822,000; America, £52,000;
not be very serious. The bulk of the losses, it is said, will Australia, £ 4,000; Germany, £ >t>,000; Belgium, £i4,0oo. Total,
£948,'>i0. Shipments: India, £652,000; nhina, £^5,000, W. Africa,
fall upon the general public.
£23,000; France, £55,000. Total, £755,000.
In trade there is as vet no evidence of actual falling off.
Mexican Dollars.— Supplies continue small, and with a good demand
Manuiacturers complain that new orders are not coming in the price has remained very steady in spite of the reaction in silver.
and iu somd cases the time is fast approaching when business Arrivals: U. 8 A., £2^,000. Shipments: Penang, £25,000; Hong
Kong, £2,900. Total, £27,900.
will become very scarce. In other instances, however, manThe quotations for bullion are reported as follows:
ufacturers have orders on their books which will keep them
employed for the remainder of this year and even next year,
Gold.
July
July
SlLVEK.
July July
but although there is no tangible evidence of a decline in
London Standard.
12.
5.
London Standard. 12.
5.
activity, it looks as if we had reached the highest point, and
s.
d.
that before long there would be a natural falling off. Wool
8.
d.
d.
d.
oz. 7710% 77 10% Bar silver, flne...oz. 287 16 287 1(|
has declined heavily since the beginning of the year; and at Bar gold, fine
0. S. gold ooin...oz. 76 5% 76 5ifl Bar stiver, contaln'g
the Colonial sales now goirig on the fall from last sales is about Serm'n gold coln.oz. 76 b\ 76 5ia
do 5 grs. gold.oz. 28'6,« -!816 16
15 per cent. So difficult indeed is it to dispose of wool that Frenoh gold coln.oz. 76 5% 76 5ia
do 4 grs. gold.oz. 2-5%
8V
oz. 76 5% 76 5*3
do 3 grs. gold.oz. 28»i P 89,a
the question is under consideration whether tha Ssptember Japanese yen
0U„ 30H 16
sales should not be avoided altogether. There has also been
Mexican dollars. oz. 27 7s ^713
a fall in many other directions; but iron, steel and coal
The following shows the imports of cereal produce into the
maintain their prices and their activity.
The "Times" of Wednesday published its usual annual United Kingdom during the forty-five weeks of the season
account of the British crops at the first of July. The account compared with previous seasons:
1

.

is

much more

favorable than seemed probable a little while
of wheat is a little less favorable than it
was last year; but that of barley is better and that of oats is
decidedly better. The condition of hay and grass is also
much more satisfactory, and so is that of potatoes.
Gold is being steadily withdrawn from the Bank of England for export to Paris, owing no doubt to the Exhibition.
The profit upon the transaction is not very large. Therefore it is expected that the Bank of England will raise its
selling price for Napoleons with a view to stop the drain.
The Bank does not hold a very large gold reserve. Indeed, it
is weaker than it was at this time last year; and therefore it
is necessary that it should take measures to protect its reserve. Yet it would doubtless be difficult to raise the rate
of discount; for, owing to the absence of speculation and the
quietness in trade, there is little demand for money, and unless, therefore, the Bank were to borrow largely in the open
market, it is a question whether it could make a higher rate
effective.
Probably it would attain its end by raising the
ago.

The condition

selling price for gold.

In Paris there is a more hopeful feeling as the Exhibition,
attracting large numbers of foreigners. Still, trade all
over France is quiet and is likely to remain so. In Germany,
as already said, there has been a recovery from the great
alarm of last week; but the banks are very anxious not to
encourage speculation once more; and probably the liquidation will go on. At the present moment money in Germany
is growing easier; the Imperial Bank this week has lowered
its rate from
5^ per cent to 5 per cent. In Russia there is
exceedingly great depression. Most of the banks are in difficulties.
Many of them, indeed, have been kept standing
is

IMPORTS.
1898-9
1897-8.
Cmport8ofwheat,cwt.55,474,700 55,295,050 55,403,110
Barley
14,073,300 21,159,443 18,324,204
Oats
16.260,100 12,909,920 12,910,3
Peas
2,047,650
2.096,495
2,286,940
3eans
2,201,7cO
1,447,720
1,843,7.0
[ndian Corn
49,288,400 48,181,860 46,650,7<)0
Flour
18,653,000 19,534,205 17,828,970
Supplies available for consumption (exclusive of
1899-00.

September

1898-9.

1899-00.

Imports of flour

1897-8.

1896-7.

19,534,205

55,403,110
17,828,-70
12,766,633

58,912,450
17,684,780
22,508,322

18,653,000

85,988,713

99 105,552

1897-8.
36a. lOd.
scs. 4d.

1896-7.
27s. 4d.

home-grown. 29,266,422 31,300,000

Total

103,394,122 106,129 235
1899-00.
1898-9.

wer.prloe wheat, week 27s. lOd.
Iverage price, season. 25a. lOd.

25s.
26s.

7d.
3d.

The following shows the quantities
maize afloat to the United Kingdom:
This week.
.Vheat
qrs ..2,085,000
Flour, equal to qrs.
315,000
. .

Maize

The

stocks on

1):

Wheat Imported, owt.55,474,700
3ales of

1896-7.

58,912,450
19,545,250
15,22^,480
2,896,015
2,473,370
51,018,840
17,684.780

Last weeft.
2,095,000
275,000
610,000

28s.

Sd.

of wheat, flour

and

1899.
2,595,000
280.000
810.000

1898.
2,440,000
305,000
610,000

716,000
British imports since Jan. 1 have been as follows
qrs...

1900.

Imports.
January
February
March
A-pril

May
June

Sl»mos...

1899.

£

£

44,560,849
37,604,808
44,922.134
42,621.876
43,876.427
42,016,307

41.216,608
35,539,109
41,492,388
39,357,022
40,876,«2*
38,348,943

+3,344,243
+2,0^5,6 '9
+3,429,746
+3.264.854
+3,667,o64

+733
+956

255,656,999

236,736,876

+18,920,123

+7'99

Difference.

£

+ 2,999,599

Per Ot.
+8-1
+5-8
+8-26
+8-29

.

:

.

.

THE CHRONICLE.

166

am

The exports

EXPORTS AND IMPORTS OF SPECIE AT

since Jan. 1 have been as follows

_
Exports.

1900.

1899.

23,583,682
23.219.W49
25,395,699
22,645,147
24,715,930
24,895,335

20,347,234
19,382,406
22,324,401

+3,236,449
+3,837,443

19,4<>7,!i46

23,030,240
21,980,067

+3,187,601
+1,685,690
+2,915,268

+1326

144.376,764

126,521,894

+17,854,870

+14-12

January
February
March
fprll

May

June

Sixmos

[Vol. LXaI.

The re-exports of foreign and
show the following contrast:
1900.

Ke-exports.
January
February
April

5,860,547
5,394,462
5,441,884

May
June

colonial produce since Jan.

Gold.

1

France

Ml other

5,9t8,6fc5

5,746,796
5,551,216

countries.

Total 1900
Total 1899
Total 1898

Per
+7-07
—5-1

£

34,000
2.000
103.135
2,340

—196

per ounce

Silver,

d.

Consols. , ne w, 2 % p. ots.

28 J «

283 18

..
...

For account

98
98

Fr'oh rentes (in Paris) fr. 99-8 2*2 99-921*
Spanish 4s
7138

8%
26%

Atch. Top. & Santa Fe..
Preferred

713a

Baltimore & Ohio
Preferred

7858

Canadian Pacific
Chesapeake & Ohio

&

Chic. Mil.

Paul...
Rio Gr., com....
do Preferred.

&

Den.

Do
Erie,

St.

common

& Nashville..
Mo. Kan. & Tex., com.
Preferred
N. Y. Cent'l & Hudson..
N. Y. Ontario & West'n
Norfolk & Western
Louisville

Do

C
<
i
c
V

1st pref erred ...
2d preferred

Northern

do
pref.
Paoiflo, com..

28

18%

Germany
West Indies
Mexico
South America

55,314
6,880

650

$953,615 $28,180,592
905,635 27,318,362
879,970 24,368,750

$102,320
98,212
5H.669

$2,287,848
2,105,312
1,423.096

600

33i4
18

33%
122%

75ifl

75%

10%

1058

3a %

1758

32

33

34 78

35

C

80%

525g

73%
65%
8%

c

30^8

14%
34»8
113a
5314
595s

Paoiflo

213e

74%
10%
31%
21%
80%
73
65 58

65%
8%
30%
14's
34ia

11%
53%
58%
77%
19%
33%

3314

20%
34%
80%
52%
73%
65%
8%

52i8

73ia

54
60

31%
132

34

80ia

35%
11%

1038

131%

52%

31
15

19%

122

34%

80%
53%
73%
65%
8%

3234

Deb. "P."
* Frioe uer share.

133
21

77%
19%

78

17%

74%
10%
32%

133%

fe

175s
122ia

67%
11%
35%
17%
xll9%
72%

8%
30%

3018

1434

14%

34H
11%

34%

533s

68%

MONTH.

New York—Monthly Statement. — In

Imports.

1899-1900

May

Inly
August....

September
October
November.
December.
January

1898-99.

1899-1900.

I

$

32,914,521

37,932,046

33,227,08 <
32,119,230

42,367,534

33,894,124
34,933,364

88.208,664

Total...

50,697,958
43,849,067

44.721.0 5

45,475,218

45,642,462

86.873.932

March

39,634,942

47,425.588

41.406.68ii

MONTH.

18%

Imports and Exports for the Week.—The following are
the imports at New York for the week ending for dry goods
July 19 and for the week ending for general merchandise
July 20 also totals since beginning first week January.

Imports.
1899-1900.

1898-99.

1899-1900.

1

FOREIGN IMPORTS.

$8,502,018
Since Jan.

February..

$69,784,510
241,808.267

$1,624,464
5,376,088

$1,910,183
5,607,517

$9,060,641

$7,000,552

$7,517,700

S57.999.148
235,577,411

$53,300,500
193,251,695

Gen'l mer'dlse

$87,010,020
227,448,894

Total...

1
791.444
19.930

684,041

68,900
11,514,706

1,195,071

2,560,239

5,165.071
1.192,669

8,427,841

November..
December.
January..

1897.

1.

Dry Goods

11,626,239
11,682,490
11,295,469

twelve

9,616,016

1.232,710
1,057,846

76,227
84,927

1,025.382

714,495

1.706.812

1,566,034

10,362,807

938.887

7,968.998

89.343,369

39,987,373

Exports.

1899-1900.

1898-99.

2,769,477

8,993,450
12,455,248

June

Gen'l mer'dlse

13,564,702

Imports.

1
66.103
635,122
2,678,139
1,011,080
649,098

1,754.927

754,571
3,969.248
167,569
801,787
620.398
818.911
212,525
219,964
144,752
222,338

April

1898.

12,617,204
12,198,993

Silver-new York

Exports.

1,109.436

;

$1,914,846
7,145,795

9,981,309
11,585.839

silver for the

Gold Movement at New York.

.

$1,973,496
6,528,522

11,012,241
10,188,897

Ilk

August

Dry Goods

37,477,254 11.801,931
37,189.335 10,763,632
40.824.221 11,327,791

$
9.960,264
10,906,449

:

September..
October.

1899.

$
t
81,662,661 11,683.484
36,494,353 13.7J-0.471
86,701,747 11.740,920
41,203,935 13272.566
40,400,001 12,683.614
43,678.13' 12.780.984
38,149.094 14.810,389
33,396,871 13,477,208
42.060,954 13.K 22,229

The imports and exports of gold and
months have been as follows

33 14

1898-99.

1899-1900.

1898-99.

636,716.582 466,710,731 526.960,086 459.138.546 152,135,107 136.50P.C96

385,84 2

1900.

40,006.318
44,379,916
42,762,562
40,266.704
49,305.857

39,349,978

1

For week.

39,395,05:
48.765.H88

44,480,441

B'ebruary.

77

33%

April

t
89,003,434
48.557.341
41,979,217
46,446.435
42,584,507
46,338.363
49,552.629
43,983,408
66,961,6*1
45,925,244

53%
58%

77
19

$6,447
95,223

Merchandise Movement at New York. Customs receipts
at New York.
Exports.

28

18i«

965
2,628

addition to the other tables given in this department, made
ap from weekly returns, we give the following figures for
the full months, also issued by our New York Custom House.
The first statement covers the total imports and exports of
merchandise and the Customs receipts for the twelve months
of the last two seasons.

113%
18%

67%
11%
33%

$59,514

122,947
1,557,926
512,784
31,084

2,175

Total 1900
Total 1899
Total 1898

83
90

27%
113%

67%
11%

133%
21%

South'n Railway, com.

Union

90ia

83%

8%
27
71%
75%

83
90

78

6838
1138

11 14

71%
76%

27

114%
18%

71%

8%
26%

71%

2S%

99 95

71»4

8%

11538

67%

1-

& Read., 2d pref.

71%

9138

Fri.

28
27%
97H 16 97%
97H lb 97%

99-82k 99-90

79
83

or.

f

ARead

*Phila.& Read., 1st pref.
*Phila.

8*34
91*8
28*2
II414
18

Thurt.

27%
97%
97%

122%
u
c
c
h

<
*Phila.

28lia

97%
97%
99 82%
71%
8%
27%
72%

SinceJan.l.

Week.

1.

$950,340 $27,407,325
428,556
4,100
278,417
500

Foreign Trade of
Wed.

Imports.

Since Jan.

Week.

The daily closing quotations for securities, etc., at London
are reported by cable as follows for the week ending July 27.
Hues.

$1,476,325
8,057,157
68.999,851

Silver.

English Financial Markets— Per Cable.

Mon.

824,620
102,749
39 969

$2,170,389 $29,638,105
2.475 25,274,901
4,675.597
13,408

All other countries.

8a t.

300

$6,850
12,944
4,526

—6-13

Sixmos
—2-25
33,421,021
—86,296
33,507,317
Note.—The aggregate figures are official. They Indioate that slight
adjustments have been made iu the monthly figures as published.

London.

1.

$93,996
254,760
325,884
213,931
188,230
344,199
55,325

Exports.

+808
—181

Since Jan.

Week.

X.

$3,652,400
15,655.574
4,500,709
l,87o,648
90,060
3,695,528
173,186

$2,028,914

Mexico
South America

Ot.

+362,205
—302,785
+424,068
—108,118
—352,334
—109,332

Since Jan.

Week.

Difference.

5,120,260
5,878,110
5,242.270

5,H6t>,338

+19-7
+13-75
+16*38
+7-31

Imports.

Exports.

Ot.

+ 159

+3,t)71,298

£

£

Per

£

1899.

5,482,465
5,575,325

March

Difference.

NEW YORK.

1899-1900.

$

»
1,608.516

1,609,668
1,053,310
986.98(i

3,373,086
3,227,053
3,099,607
4,893,656

1,089,586

8,648.868

1.493.681

4.637.568

1,484,074

831.823

264.193
723.738
1.103,681

1,720,896
1,636,052

4,107,865
4.126,966

1,321,496

2,054,918
1.060.51*

4,664,686
8.429,674
4,987.599

19,846,388

1,231.947

4,848.788

30,878,082

16,247,760

48.088.764

—

Bonds Held by National Banks. The following interest"
ing statement furnished by the Comptroller of the Currency
mows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national
oank depositories on June 30:

Total 29 weeks S3ll.592.777 $293,576,559 $246,552,195 $314,458,914

The imports

of dry goods for one

week

later will be

V. 8.

found

our report of the dry goods trade.
The following is a statement of the exports (exclusive Of
specie) from the port of New York to foreign ports for the
week ending July 23, and from January 1 to date.

Description of Bonds.

NEW YORK FOR THE WEEK.

1900.

For the week..
Prev. reported

1899.

1898.

1897.

$13,818,165
325,066,594

$7,668,759
252,601,828

$7,554,808
272,037,948

$7,357,026
220,721,120

Total 29 weeks $338,884,759 $260,270,587 $279,592,756 $228,078,146

30, 1900, to

1 p. ots.,

Public Deposits

1894, due 1904

funded 1907
1 p. ots., 1895, due 1925
3 p. ots.,'98, due 1908-18
• per ots., funded 1891*.
2 p. ots., 1900 due 1930.
t

per

ots.,

.

8-65s Dist. Col., 1924...

-

Bank

in Banks.

in

EXPORTS FROM

Bonds Held June

Circulation.

$4,954,003
17,331,650
10,857,450
12.335,180
3,017.0(0
44,569,200
75,000

$1,320,500
16.350.7<.0

7,762,850
10,099,640
11,009,400
237.843.9J0

Secure—

Total Held.

$6,274,500
33,682,350
18,620,300
22.434,820
14,026,400
282,413,150
75,000

$93,133,480
$284,387,040 $377,526,520
Koaeeuiable at option of the United States.

The foregoing does not include the bonds held in the New
The following table shows the exports and imports of
York Sub-Treasury against deposits in banks. There were so
specie at the port of New York for the week ending July 21
held on June 30 $14,114,100 bonds, making the whole
and since January 1, 1900, and for the corresponding periods amount at that date in possession of the Government as sein 1899 and 1898.
curity for deposits #107,353,580.

.

July

.
.

.

.

THE CHRONICLE.

28, 1900.]

167

New York City Clearing House Banks.— Statement of
Changes in Legal Tenders and National Bank Notes to
July 1. The Comptroller of the Currency has furnished oondition for the week ending July 21, based on average of
us the following, showing the amounts of national bank notes daily results. We omit two ciphers (00) in all cases.
June 1, together with the amounts outstanding July 1,
and the increase or decrease during the month; also the
ReLoans.
Capital Surplus
Specie
Legals.
BANKS
Deposits serve
changes in legal tenders held for the redemption of bank notes
$
$
$
$
$
P.O.
up to June 1.
Bank of N.Y....

—

.

national Bank Notes—
Amount outstanding June 1, 1900
Amount issued daring June
mount retired during June

Amount outstanding July

1,

Manhattan
$300,488,889

$10,624599
1,553,759

1900*

$309,559,719

Legal Tender Notes—
Amount on deposit to redeem national bank
notes June 1, 1900
mount deposited during June
mt, reissued and bank notes retired in June

Amount on deposit

to

9,070,830

$37,399,772

$228,677
2,184,282

1,955,605

redeem national
S35. 444,1 67

Circulation of National (*old Banks, not included in above, $80,725-

According to the above the amount of legal tenders on
deposit July 1 with the Treasurer of the United States to
redeem national bank notes was $35,444,167. The portion of
this deposit made (1) by banks becoming insolvent, (2) by
banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the
first of each of the last five months.
March

Apr.

1.

May

1.

Insolv ntbks.
Llquid'g bks.
Red'c'gund.*

June 1.

1.

July

9

$

1,327,914
8,646,282

1,285,412
8,675,997

$
1,408,489
8,100,574

1,381,507
8,014,981

America.........

Phenlx
City

Chemical
Merchants' Ex..
Gallatin

banknotes July 1,1900.

Deposits by—

Co...

Merchants'
Mechanics'

1.

$
1,209.132
8,430,234

»otofl874 26,428,361 28,159,775 29,236,968 27,438,363 25,804,801
Total
35,824,849 37,663.838 39,211,164 37,399,772 35,444,167
'Act of June 20, 874. and July 12. 1882.
i

Butch. & Drov's'
Mech.A Traders'

Greenwich
Leather M'f'rs..
Seventh
State of N.Y....
American Exch.

Commerce
Broadway
Mercantile

BANKS.

Capi-

Sur-

(00s omitted.)

tal.

plus.

Leg. T. Deposit, with
Net
Invest- Specie. &B'k. CUar'g Other Deposits
Notes. Agent. Bks.&c
ments.

Loans A

Niw York

Citt.
Borough of
Manhattan,

Colonial

Columbia
Eleventh Ward.
Fourteenth Street.
Gansevoort
Hamilton
. .

Mount Morris..,.,,
Mutual
Nineteenth Ward
Plaza

.

Riverside
State

Twelfth Ward
Twenty-third W*d.
Union Square
Yorkville

Borough of

$

$

100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,u
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100,0

112,5
212,7
126,5
58,0
16,4
109,1
51,8
134,1
46,0
162,6
126,6
199,4
52,6
67,1
337,7
188,1

a

$

c

1238,9
16,8
96,0
1762,0
96,0
67,0
1065,4
65,8
66,7
1237,6
50,1
42,3
673,3
39,7
3,6
1427,5
70,1 101,6
1761,4 102,9 111,3
1296,9
33,1 119,0
1180,7
14,6 140,0
1915,0
35,0 130,0
958,4
9,0
68,4
3i 69,0 204,0 101,0
1118,8
24,5 164,6
872,6
50,2 100,6
2137,6
50,9 205,4
1604,7
92,0
88,3

$
331,8
124,0
254,5
180,9
22,7
59,6
298.1
158,2
223,0
265,0
72,4
64,0
80,3
60,0
420.1
81,3

$

$
1493.4
541,0 2216,0
1308 9
1425,0
97,"6
724.7
1506,0
61,0 2426,9
25,0 1335,9
1.3 1610,6

21050
950,5
161,0 3393.0

208 3 1761.8
1135 3
2628,9
80,0 1659,0

173,2

Brooklyn.

Bedford

150,0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0

121,4
164,0
168,8
43,3
53,6
61,6
492,0
405,6
203,6
693.8
692,7
120,9
130,2
64,4
75,1
233,0
54,9
58,0
45,7
12,3

1094,8
1350,1
1284,6
312,0
652,6
722,3
2462,8
2H48.5
897,9
4097,0
2536,0
796,7
861,4
411,5
418.6
1081,9
446,6
602,7
657.2
447,3

Isl.
Isl.

25,0
100,0

67,2
81,2

Other Cities.
1st Nat., Jer. city.
Hud. Co. Nat., J.O
2d Nat, Jer. City.
3d Nat., Jer. City..
1st Nat., Hnbnken.
2d Nat., Hobuken

673,0
665,3

400,0
250,0
250,0
200,0
110,0
125,0

817.3
546,6
363,2
222,4
467,4
102,4

Broadway.
Brooklyn
Eighth Ward
,

Fifth

Avenue

Kings Countv

Manufact'rs' Nat'l.

Mechanics
Mech's'

Nassau

&

Traders'
National..

National City

North Side
People's

Schermerhorn
Seventeenth Ward
Spragne National..
Twenty -sixth W'd.
Union
Wallabout
'.'.

Merchants'
Borough of
Richmond.

Bank of

staten
lstNat.,8taten

,

.'.'.'

8,9
21.6
35.9
5,9

92,3
109,8
61,2
26.0
28,6
26,7
221,1
180,8
67,1
375,0
266,0
49,6
46,0
31.0
37,4
10,0
29,4
53,2
19,3
41,0

200,7
209,3
220,9
46.9
48.9
107.9
636,7
163,9
91,2
680,0
345,0
46,5
45,6
223,6
61.8
330,2
131,4
68,7
46.3
33,5

17.1
35,8

28,5
20,0

78.4
189,0

12.2
14,5
94,3
14,8
30,7
36,7

270,8
186,5
11,4

215,0
149,0
14,3
34,0
18,7
9,1

106,7

100,0
6
90,1

1296,8
1472 4
1439,4

8,8

282 1

32.4
90,9

617,9
819.7
3168.5
3055,6
940 3

101,6
32,0 46390
84,0 2869,0
73tf,3 1406,4
137.2
948,9
60,0
576,6
442 7
88,5
8,6
2,7

300
113,4

22,0

1093
509,6
663.3
728 8
425,8

2,168,8
2,203,6
1,206,4
2,293,0
3,011,1
274,0
5,278,6
6,964,t

228,5
1,850,6
89,4
114,8
176,3
506,6

223,6
536,6
2,848,6
7,029,3
1,647,8
1,232,8
493,9
1,143,2
1,000,7
325,2
669,6
5,014,1

422,7

Pacific

Republic

1,600,0

Chatham

450,0
200,0

People's

North America.. 1,000,0
Hanover
3,000,0
Irving

500,0
467,0
600,0
420,6
600,0
274,8
900,0 1,020,0
211,2
1,000,0

Citizens'

Nassau

Market* Pulton
Shoe <fe Leather.
Corn Exchange. 1,400,0 1,840,1
Continental
Oriental
tmp't'rs'A Trad.

German Ameri..

510,6
300,0
406,5
1,500,0 6.160,1
2,000,0 3,306,2
250,0
162,9
3,000.0 2,376,0
1,000,0
539,9
300,0
799,0
750,0
162,8
600,0 9,117,0
300,0
103,0
250,0
708,8
200,0
375,8
750,0
350,1

Chase

1,000,0

1,000,0

Park
Bast River
Fourth
Central
Second
Ninth
First

N.Y. Nat'l Exch.

Bowery

Reports of Non Member Banks.—The following is the
statement of condition of the non-member banks for the
week ending July 21, based on averages of the daily result.
We omit twn oivhers S00) in nil. rates.

2,000,0
2,060,0
2,000,0
2,000,0
1,500,0
1,000,0
10,000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
300,0
1,200,0
5,000,0
10,000,0
1,000,0
1,000,0

N. Y. County....

1,994,6

Fifth Avenue...

100,0 1,287,0
German Exch...
200,0
614,7
Germania
802,0
200,0
Lincoln
890,1
300,0
Garfield
200,0 1,073,5
Fifth
200,0
359,1
Bank of Metrop.
963,6
300,0
West Side
200,0
409,1
Seaboard.
500,0
748,7
Western
2,100,0 1,696,4
1st Nat., B'klyn.
300,0
528,3
Liberty
500,0
535,8
tf. Y. Prod. Ex..
1,000,0
374,9
New Am ster dam 250,0 411,0
Astor.
350,0
231,8
Hide & Leather.
500,0
302,1

14,296
20.6 6,0
13,440,1
12,571,0
•<3,V!09,e

4,729.0
93,i82,0
24,666,8
4,777,6
8,788,1
1,037,1
2,227,0
906,9
3,822,0
3,711,0
4,735,5
27,809,0
61,122,1
6,425.2
13,523,''

2,775,5
19,445,1
6,360,1
2,093,6
13 333.1
42,466,9
4,369,0
3,158,0
2,571,2
6,169,5
3,779,0
19,185,2
4,909,9

2,547,0
4,906.0
2,343.2
2,656,0
4,133,7
1.310,0
34,482,3
4,085,3
8»2,1
1,067,3
258,2
157,0
111,2
733,5
695,3
851,1
2,952,0
6,789,7
1,109.3
1,940.2
365,6
4,653.2
633,9
179,7
2,748,7
11,692,9
777.8

660
468 3
1,701,8
746,6
2,458,0

1.406,0

14.430,0 27-4

3,U0,O 26,698,0 31-7
1,729,2

345,0
2,088.3
171,0
5,526,5
3,120,2
655,6
944,6
45,1

251,0
205,0
224,9
394,2
469,4
1,885,0
6,035.4

409,6
1,412,1

586,4
1,182,6
966,9
685,4
1.129,7
2,508,8
717,0
186,4
361,3
651,1
275,4
2.954,0
633,7
333,8
1,525,0
5,394,0
176,5
1,949,9

955,8
1,940,
286,3
24.822,0 4,956,0
44,949,0 10,001,0
1,242,4
226.6
24,837,4 5,369,2
11,261,0 2,485,0 1213,0
8,538.0 1.731.0
724,0
2,163,2
294,7
983,4
38,437,2 9,186,1 1,704,4
2,863,7
259
619,6
3,225,0
348,0
410,0
3,05",6
443,6
8:46,9
260,0
3,323,3
697,6
35,822,4 8,007,1 3,857,7
8,55H,6 2,011.9
445,6
2,513.2
798,3
184,7
3,068,6
49t5,0
402,0
10,461,2 2,801,2
771,6
5,861,1 1,642,4
294,1
2,122,2
152 3
446,2
6,953,3 1.166,7
609,0
2,567,0
347,0
444,0
11,242,0 1,404,0 2,079,0
36,686,4 9.509,6 2,389,8
4, 192,0
742,0 1,001,0
6,014.3 1,221,0
375,0
3,963,5
381,0
528,7
4,894,8
401.3 1,174,9
212.2
3,718,8
756,3
2,489,0
521,4
78,8

16,838,5 25-7
12,624,0 23-7
26,252,0 237
5,082,0 29-1
117,299,1 341
25,047,1 28-7
5,410,0 26-5
7,329,3 27-4
1,018,9 29-7
2,343,0 17-4
888,8 35-5
3,691,0 266
4,841,8 22-5
4.094,2 198
20,857,0 23-1
6u,5C4,5 25-3
6.786,4 26-2
13,692,1 24'4
3,565,1 26-6
21,980,6 260
6,482,9 246
2,857,0 302
16,056.6 25-7
48.6S3.4 29-1
5,016.0 29-8
3,295,4 22-6
3,104,2 26-7
7,055,9 333
4,140,5 24 6
22,277,6 24-2
5,948,9 250
1,992,0 311
24,«63,0 260
56,099,0 27-4
1,400,6 28-6
27,112 8 26-9
14,648,0 254
9,444,0 259
2,930,0 43 6
39,724,9 274
3,113,1 28-2
3,485,0 21-7
4,169,3 319
3,361,5 28-4
43,848.1 27-0
9,668.2 255
3,128,6 314
4,375,2 20-5
12,515,8 285
7,050,3 274
2,247,6 26-6
7,424,4 239
2.993,0 264
13.622,0 255
44,823,7 26-5
4,890,0 35-6
6,052,2 263
3.472,6 262
6,015,4 26-2
3,936,5 24 6
1.896,7 31-6

74,222.7 91,035,0 797,853,9 1713807 73,243,7 882,174,0 27-7

Total.

—

Auction Sales. Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction,
By Messrs. Adrian H. Muller
Son.

&

Bonds.
$7,000 Grand St. & Newtown
RR. 5s. 1906; A&O....105 & int.
$3,500 Enterprise Oil Co. of
So. Cal. deb. 6s, 1903; Oct.,
1899, coupons on
$25 lot
$10,000 Br'klyn City public
park 7s, 19 IP; J&j..i4 5ta &int
$'. 5.000 N. Y. City Bridge 7s,
I20i« &int.
1906; J&.J
$20,000 sprinafleld Quarrying.

Mining

1st. S. F. 6s
ry series),

&

Constr. Co.

(Oakland Quar-

1923; M&N;
Nov., 1899 coupons on. .$100 lot

$1,000 Chateaugay
Iron Co. 6s, 1915;

&

Ore

J&J and

$195 interest scrip

1920;

J&J

7s,

156*3

& int.

Stock.

Cert, of membership N. Y.
Law Institute

$145
35 Manufact'rs' Nat. Bank
260
of Brooklyn
&
314 Lackawanna Iron
98
Steel Co
205*8
30 Home Insurance Co
10 Atlantic Trust Co
204%
2 Becuiifres Co. of N.Y.... 96
10 Lawyers' Title Ins. Co.
(ex. div.)
156
500 Lady Helen Copper Co..
5 c. per share

SO

SatiMtjg

655,8
741,7

Bonds.
$40,000 N. Y. City bridge

atxxl

ffitxaucial.

.

4404,4 262,5 198,5 664.1 1168,8 58890
1983.4
67,5
69,7 216,6 109,6 1746 6
1263,5
60 8
21,2 220,4
1061,7
942 4
23,3
136 911,5
63,9 164,3
1987,8
25.6
99,4
90,4 194,4 1823
771,1

68,3

61,8

66,8

75,1

9543

Totals July 21.. 7262,0 8443 8 59863,2
8881* 9 2
Totals July 14.. 7262,0 8331.2 60063,7 2843,3 3881,4 8124.9 4617,9
2971,24301.39059.6 453". 9 70430,3
Totals July 7.. 7262,0 8331,2 60160,4 2729,8
3807,4:8891,2 3993,8 69542,6

New York
we

furnish a

City,

Boston

summary of

&

\

\

June

30..

$

160,653,1
164,693.4
July 14.. 165.267,7
"
21.. 165,257,7

"

7..

Bos.*

July
"

"

7..

14..
21..

Phlla.*
July 7..

$

$

&

29

Trask &
BANKERS,

PINE STREET,

....

Co.,

NEW YORK.

Transact a general banking business, act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal In

INVESTMENT SECURITIES.
Members N. Y. stock Exchange

Branch

Offloe. 67 State St.,

Albany

$

1666796
1653139
1697006
1713817

72,242,1888,249,3 23.124.7 890,910,6
70,737,61881,848,8 23,191,8 933.138.4
71.131.8|883,489,1 23.478,6 865. 930.9
73,243,7j882,174,0 24,226,7 785,578,1

57.651.9 185,338.0 14.007.0
57,661,9 185,039,0 14.665,0
67,851,9 184,403,0 15,152,0

8,491,o'208,911,o! 5,098,0 121,674 9
9,001,0 205.638,0 6,202.0 ',22,626,5
9,421,0 204,900.0 5,214,0 108,725,1

808,468.5
802,889,9
801,235.0
797,853,9

35,345,4 161,876,0
57,917,0
187,222,0 7,487.< 113.914,9
"
14..
35,345,4 152,020,0
59,713,0
189,100,0 7,669,0 85,193,0
"
21.. 35,345,4 153,164.0
68,948,0
188,100,0 7,603,0 86 242,9
6
2 J*"" "}* 1 H"o ciphers in all these tlgures.
t including for Boston and Philadelphia
the item " due to other banks."
,

»T

Philadelphia Bauks. -Below

the weekly returns of the Clearing
le J$anks_ofjSTew York City, Boston and Philadelphia
Capital A
BANK8. Surplus
Loans.
Specie.
Legals.
Deposits A CircTn. Clearings
N. Y.»

Spencer

qbobgb Barclay Moffat.

Moffat

Alexander M. Whitb, Jb

&

White

BANKERS,

...

Members New York Stock Bxohange,

No.

I

NASSAU STREET,

NEW TOBK.

INVESTMENT SECURITIES.

:

.

THE CHRONICLF,

68

Railroads (Steam).

& Maine, coin, (quar.) ...
pref.\..
Cornwall & Lebanon
Denver & Southweht, com. (qu.)
"
"
•«

'

prof, (qu.)

Mahoning Coal, com
Pittsburg & Lake Erie

Rome Wat. & Ogd.. guar, (quar.)
istpf.
St. Joseph & Grand Is'ld
Syrao'e Geneva & Corning (qu.)
.

Utloa Clinton & Binghamton...
Street Railways.

Newport <fe Cov. (quar.)...
Coney Island & Brooklyn (quar

Cln.

Harrisbure Traction

)

l%Oct.

July 27.

Sept.

Sept.

to
to
to

5
Aug. 19
July 31

to
to

Aug.
Aug.

to
to

1

m

Aug. 15

Sept.

1
1

Aug. 15
Aug. 1

Aug. 1
27 to
Holders of rec. July 2d

ing are the daily closing quotations; for yearly range see
seventh vnae followina

2
2

Aug.

1

Corn Exchange

6
3

Aug.

1 July

Aug

1

11

1*2 Aug. 15 Aug.

Trust Companies.

Farmers' Loan & Trust (quar
Kings County, Brooklyn (quar.).

5

Nassau (Brooklyn)

3

) .

2ifi

6
July 20

July 22
July 26
1 July 27

Aug.
Aug.
Aug.

fl

to
to

Union St.,N. Bedford,Mass.(qu.)
West Chicago. St. (quar.)
Wilmington (Del.) & New Castle
Lincoln National (quar.)

Frankfortor Bremen (reichmarks) b'kers 94», '® 945s
9M8®953i«
* Less ii«.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 1-16 premium; Charleston,
buying par, selling y% premium; New Orleans, bank, $1 00

to

to

to

Banks.

Prime bankers' sterling bills on London. 4 84i£»4 85 4 88 ^4 88^
Prime commercial
4 83i«<3>4 83*3
4 83 ®4 84*4
Documentary commercial
Paris bankers' (francs)
5 18ie®17ifl* 5 15»s®5 15*
40i4'a>40&, a
Amsterdam (guilders) bankers
40 3>40V

Aug. 1
Aug. 1
July 31

July 25
July 27
l'July 18
1

l

^ Aug.
lAug.

to
to

1
)

to

Aug.
Aug.
Aug.

15
10
10
31

1

Central Fireworks, common
"
"
prereired...
Chicago Edison (quar.)
Hawaiian Com & Sugar(mthly.)
Hudson River Telep. (quar.)
Jefferson & Clear. C. & I., com..
"
"
"
pref..
National Carbon, pref. (quar.)..
New Eng. Telep. <fe Teleg.(quar.)
Pennsylvania Coal (qnar.)
Pressed Steel Car, com. (quar.).
"
"
pref. (quar.).

Qulncy MiniDg
U. S. Bobbin & Shuttle.pf.fqnar.)
Westinghouse Eleotrio & Mfg.
assenting stock (quar.)

1
1

3h
2
50o.

1^
2
21*

1%
1*2

4

m
i%

**.
1 !«

Aug.
Aug.
Aug.
Aug.
July
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
Aug.

1? Aug.

Aug.

1

2

to
to
to
to
to
to

10 Aug. 1
10 Aug. 1
1 July 25
25 July 21
1 July 21
15
15 Holders of rec.
15 Aug. 5
to
If Aug.
to
1
to
1 July 2*
to
20 July 25

6
15
14

July 26

to
to
to

2

to

Aug. 15

5 Aug.

July

July

21.

23.

24.

*104

July
25

July

July

26.

27.

*104

*104i4 *104i4 *104i*

100

MOO

*uo

•
mo

*100
*100
reg. Q. -Men. *1C0
3s, 1918
reg. Q. - Feb. *109ia *109^ •109^ *109»s *10S%
3s, 1918
coup. Q. - Feb. iioh'iio^ 110^ 110% *110is
.....
• • mM .
3s, 1918, small, reg. Q. -Feb. .....
•
•
*110
3s, 1918, small. .c'p. Q. - Feb. *110 1*110
*115%
4s, 1907
reg. Q. - Jan. *115V115l2 *115i2 116
116
4s, 1907
Q. - Jan. *115V 115% 115&t
4s, 1925
reg. Q. - Feb. *132Sg*l32SS, •132% *1328s *132»f
4s, 1925
Q. - Feb. *13358*1?3% *133% *133Sf. *133»*
*113i4 "II314 *113l4 '113%
reg. Q. -Feb.
5s, 1904
4uSf

•.*••

1

ni5%

Aug.
Aug.
Aug.
Aug.
Aug.
Aug.
July
Aug.

27 Aug. 7
15 July ?5
1

Aug

July
*104

1

Aug.
Aug.
Aug.
July

Interest
Periods.

1

2s, 30-year, ref'd'gt

miscellaneoua.
American Ice com. (quar)

Demand.

Sixty days.

premium; commercial, 75c. discount; Chicago, par@5c.
premium; St. Louis. 50c. per $l,C0O premium; San Francisco. \2%c. per $100 premium.
United States Bonds.— Sales of Government bonds at the
Board include $15,000 3s, coup., at 110^ to 110^; $1,000 3s,
reg., at IK; $59,1,00 4s, coup., 1907, at 115% to 116; $9,000 4s,
reg., 1907, at 116. and $10,000 5s, reg., at 113%.
The follow-

i

VAug.
2VAug.
l 1

(quar.)..

1
1

Aug. lfi
2i« July 31 July 22
1*2 Aug. 1
Aug. 1
Aug. 1 July 27
3
5 Aug. 1 July 27
lh Aug. 15 Aug. 1
1
Aug. 15 Aug. 1
78 Aug.
1
2 July 28
3

I,

;

Books closed.
(Days inclusive.)

Boston

LX:

@4 83^;

DIV IDENDS,
of Company.

[Vol.

grain for payment, 4 84@4 84^ cotton for payment, 4 83
cotton for acceptance, 4 83^@4 83^.
Posted rates of leading bankers follow:

%nxiktxs y %vlzz\\z.
Name

:

1

5s.

19
26

t

31
1

WALL. STREET, FRIDAY. JULY «7, 1900.-5 P. M.
The Money Market and Financial Situation.— Operations
at the Stock Exchange have attracted very little attention
this week outside the small circle of Board room traders
that has participated in them. In addition to the usual
factors which contribute to make business dull at this
season, the condition of affairs in China is becoming more
serious day by day, and the complications liable to develop
in connection therewith tend to encourage a feeling of
caution in financial circles. Naturally this feeling is more
acute at European centers than on this side of the Atlantic,
but there are evidences that it is beginning to affect the
local markets.
On the other hand, the crop prospects are regarded as
more encouraging than they recently were, and a foreign
demand for all our agricultural products at good prices
seems assured. Moreover, it is argued that our industrial
affairs will prosper by reason of the Chinese complication?,
and efforts have been made to stimulate a demand for iron
and steel securities on that theory.
Although the foreign exchange market has continued
strong through the week and rates have advanced, no gold
has been withdrawn at this writing for shipment abroad, and
the local money market remains in the same easy condition
as of late.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from \\i to \% per cent. To-day's rates on call were 1*4 to
1% Per cent. Prime commercial paper 4 to $% per cent

-HS^

*100
110
*110ia
• ••<

*110

*115\
*115\
*1325»
*13338

113\

Peb. *114i«*n4i« 1141^ *U4i«*114% *114%
110 sum was made.
1 ins is luc prion uiu »l lUe uiuriuiig ui»»ra,
Prloes are quotations in "Unlisted Dep't" for bonds "when issued."
1

904

conn O-

-

—

State and Railroad Bonds. Sales of State bonds at the
Board include $1,000 Louisiana consol. 4s at 107%; $15,000
Virginia fund, debt 2-3s of 1991 at 89% to 90 and $30,000
Virginia 6s deferred trust receipts at 7 to 7^.
The market for railway bonds continues dull, narrow and
professional, but was generally firm, and a few issues are
notably higher. Transactions at the Exchange averaged
about $1,000,000 par value per day, in which a few lowpriced bonds were conspicuous, including Peoria & Eastern
income 4s, which advanced nearly 3 points, a part of which
was subsequently lost.
Stock and Bond Sales.— The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
Jan. 1 to July 27.^-*
Sales at
r-Week end. July 27 .—.
.

N. T. Stock Exch.
Government bonds
State bonds
RR. and misc. bonds....
Total

1900.

1900.
$94,000
50,000
5,615,500

$136,700

1899.

15,301.710
1,439,400
803.205.s00

|7,1?9,120

1899.

15.659,500

10,320,500

$10,457,200

1.455.1P9
Stocks— No. shares
1,529,233
Par value
$137,890,950 $14s,972 200
Bank shares, par value.
$/,500
$7,500

1.68(5,800

589,216,. 00

9598.032,020
108,660,028
$6,8:S2,024.462 $10,549,083,260
$75,650
f317,95C
{309,919,610
71,656,579

We add the following record of the daily transactions
Weekending <—
Railroad, Ac. State
U.S.
Stocks.
July 27, 1900. Shares.
Bonds.
Bonds.
Bonds.
Par value.
>

Saturday

144,4»9
387.771
338,352
225,324
182,644
176,589

$14,103,150
37.673,850
30,?69,700
21,033,450
17,744,900
16,960,900

1.327.000
1,027.600
1,039.000
782,500
1,032,600

$20,000
6.000
24,000

$5,500
12 000
15.EO0
50,000
11,000

1.455.169

$137,890,950

$5,515,500

$50,000

$94,000

Monday
Tuesday
Wednesday
Thursday

..

Friday
Total.

The

sales

$307,000

on the Boston and Philadelphia Exchanges were:
-Boston.-

Listed

Unlisted
shares. shares.
Saturday

6,160
8,367
7.900
6.039
5,620
4,351

6,935
13,456

Monday

Bond
sales.
$23,170
55 000
49 806
62.100
50 000
25,600

Philadelphia,
Listed Unlisted Bond
shares,
6.497
13,260
11,481
7,611
7,401
7,401

shares,
2,117
5.675
1,997
2 917
8,903
7,035

sales.
$74,100
203,675
155,5"0

The Bank of England weekly statement on Thursday Tuesday.
10.2ii0
193.!-50
8,556
showed an increase in bullion of £151,201 and the percent Wednesday
137,700
3,474
Thursday
107,282
4,321
age of reserve to liabilities was 33'76, against 38 ll last week; Friday
the discount rate remains unchanged at 4 per cent. The
62.861
28.691
872.107
Total
45.962
38.437
255,575
Bank of France shows an increase of 9,575,' 00 francs in
Railroad and Miscellaneous Stocks. The stock market
gold and a decrease of 925,000 francs in silver.
was strong and fairly active on Monday, chiefly as a result
NEW YORK CITY CLEARING HOCSE BANKS.
of speculative manipulation. The railway list advanced an
average of between and 2 points, with Metropolitan Street
Railway and Brooklyn Rapid Transit in the lead. Since
1900.
Differen'sfr'm
1899.
1898.
July 21.
Prev. week.
July 22.
Monday the market has been weak, with the volume of busiJuly 23.
ness and prices steadily declining. This movement was
and closing prices are in some cases higher and in
Capital
74,222,700
58,922,700 59.022.70C irregular
Baltimore & Ohio was
Surplus
91,035.000
77,382.600 75,641,900 other cases lower than last week.
Loans &diso'nts. 797.853,900 Deo 3,381.100 767.8a3.600 634,945,900 notably weak and New York Central and Pennsylvania have
Circulation
24,2 25,700 Inc. 747,100 13,603,400 14,434,300
tionally declined.
Central of New Jersey and MetroNet deposits
882,174,000; Deo.1,315,100 874,88?,000 741,328.800 fra
Specie
171.381.700 Ino 1,681.100 173,653,800 167,641,500 politan Street Railway were strong features, the latter
Legal tenders
73 243,700 Inc. 2,1U,900 57,122,300 60,702,700 showing a net gain of 4*4 points.
Brooklyn Rapid Transit
Reserve held
244,625,400 Inc. 3,793,000 230,776,100 228,344,200 fluctuated over a range of nearly 5 points and closes with a
-

—

1

1

Legal reserve

220,543,500 Deo.

328,775 218,720,500 185,332,200

net gain of 3

r>

g

points.

American Sugar Refining continued its upward movement
Surplus reserve 24.081.900 Ino 4,121,775 12,055,600 43,012,000
an advance of 16
until Tuesday, when it sold at 129 1
Note.— Returns of separate banks appear on page 167.
points within the month, since which it has reacted, closing
Foreign Exchange.— The market for foreign exchange has at 126 5 8. American Tobacco and Tennessee Coal Iron &
been generally firm and dull. Rates are higher on a limited Railway also advanced, when at the highest showing a gahi
supply of bills.
ot 5% to 6 points, a large part of whioh lias been retained
To-day's actual rates of exchange were as follows: Bank- in each case. New Y. rk Air Brake was erratic, coverers' sixty days' sterling, 4 83%@4 84; demand, 4 8?%fr?4 88;
ing a range of nearly N points. Pacific Mail lost a consideracables, 4 88^@4 8h}£; prime commercial, sixty days,
83!^@ ble part of its recent advance and Consolidated Gas was
4 83)^; documentary commercial, sixty days, 4 83@4 84*4; weak.
United States Leather has beer unusually active.
;,,

<»

t

July

28

.
.

..
.
,.
.
.

.

THE CHRONICLE-STOCK

1900.]

New York

Exchange— A

Stock

PEICES

.

•16
•41

18
44

36%

89*

36)4

70

76* 77
80*4

81

56% 56*
•83
•118*4
89*4
•49

OS

Tuesday,

Monday,
July

23.

July 24.

•15

18

•15

40*
26*
69* 70*
75* 77
81* 81*
56
69*

41*
27*
70*

41*
36*
69*
76*
80*
59*

60

66

66

•U2*

77
81

I •

••

18
41
27

111

.

15
40

43

26*
69*
71*
80*

Range for year 1900.
Sales
of the On basis of too-sh're lots

r

• • • • •

11
85*4

11
85*4

70

70
84
34

•130
1054

H*

11

32* 83*
•68* 70
33 35

120

185

ISO

11H

•82* 85

•69
70
•33
81*
•38
•83
24
94* 34*
84
•53
50
J5
55
150*4 50*4
11154-112* 11154 112*
111 111%
'171
171
17154 171
P. 70* 171
161
160 160*4 160* 16054 161
1197* 197* •198 800
196
1196

74

58
•35
107

120
8

I
49

%

11

'

125

125

•120

11

11

11

84* 84*

33

33

34

23* 23*
•53

U1H

82* 85
68* 69*

55

2 3*

Paolflo

rtioago Consol. Traotlon.

95
123

a

Chicago

Do

Hast. Illinois .
pref.
.

11*4 Chicago Great Western. .
Do 4 p.o. debentures
Do 5 p.o. pref. " A"

34* 34*
24
65

54

Do

4 p.o. pref.

Ohio. Indlanap.

Do

.

"B"..

a Loulsr..
pref.

111* 111* 111* Ohloago MUw. a St. Paul.
171* 1171* 171*
Do
pref.
161* •158 161 Ghloago a North Western.
200
••SI
l«l
Do
pref.
108* 106* 106* Ohloago Book Isl. a Pao.
107* 107*108
•110
110 114 Chio. St. P. Minn, a Om.
110
110 1U
114 110 114
113
113
160 180
185 180
•165
160 180
160 180
180
Do
pref.
180
•10* U* 10* 11
•10* 11 Ohio. Terminal Transfer..
11
10% 10* 111
11
32
*J2* 83
32%
83* 84* 34* 34* 38* 35
Do
pref.
33
60
60
60* 5«* 60* 59* 59* 58* 58* 59
60
Olev. Gin. Ohio, a St. L..
•

•59*4

•103
106
25
2 7*
68
67

*••«•* «<•••

•654

6*4

•41* 43
i6*< 17*4

••
a*

106

•104

• •

I •

8*

6*4

•42

180

18*
66* 86*
13>4 1**4

•17*4

•3*4

13

17*

10*

4*4

•354

•11*

11*4

•11

82* 83
•15*4
•4154
•80

178* 179
•17* 18*
66* «««
•12* 14*

13
18

45
85

41*

6*

64
••••••

.*•••

6*

6*4

•6

43

43

ill*

U*

178
18

66*

oO

85

3,375
5,660

4*

•80

80

151* 153

151

151

31

34

80

81

.

pref.

pref.

Oes Moines a Ft. Dodge.
Oul. 80. Shore a Atl

Do
Do

1st pref.
2d pref.

a Terre Haute
Do
pref.
Ft. W. a Den O., stamped
t. Worth a Rio Grande.

'Jvans v.

.

.

• •

153*4 153*4

•34
86
•33
63%
119*4 119*

19%
48*

80*4
4954

153

«

85* 35* 34

86
64

35

20* 20* •20

31
48

19%
17
*M*
•16

155
85

•

35
68

•63* 6 3* 62*
63* 63* 63
119* 180* 119* 120* 119* 119% 119
•49

48

50

14*
16

•14% 18* •14* \%*
•16
•16
18
17*
•18
•38

•«

153* 154% 154* 153

16*
19

-

•

t

•

36

47

48*

>

16
18

47

49

14*
16

•2*
•14*
•37
•90
•310
•80

4

2*

4

95
70
73

•ao
•210
•60

•2*

4

80

13* 18*
•3

8*

85* 55*

•93
•19

•58*

93
31
60

10*
8?* 81*
50* 61*
•38* 39
•131

183

73* 73% 72% 73*
91
9i% 6*% 90%
154* 158
154* 158
30 31* 30* 31*
•79
79 80
80* 79
80
13
13* 13* 13* 12* 12*
3 3* ,«2* 3 *
s
3*
1105
105
105
105
56
55* 56* 66
67
58%
93
94
91
94
93% 98*
2)
19* 81
30
20
20
59* 60 59* 60
59*
10
10 10* 10 10*
11
81* 32
32
32* 31
81*
61
5
60* 51* 50
38 89% 38* 38* •38 50*
38
(

1185* 185*

139* 130* 130
•18
•70

•18
11* •70
79

•30* 83
•414
1.88

•

#••

137
814

810
20*

8054

34*
5?* 78*
51*
71H 7154

30*

410
188
•810

'•

owa Central
Do

18

pref.

tVan. O. P. a Oulf tr.reo.
Kan. Olty Southern (w. 1.)
,

Do

•2*

4

4

pref. (w.

Keokuk a Des Moines

1.).

.

70

73* 74*
9C* 92*

90* 91*
153*153* 154* 157
•30
81* 30* S3
•79

pref.

Illinois Central

48

•16

18

•8*

4

"B"

Valley

14* 15* 14* 15* 14* 15* 1»* 15*
Do
pref.
•36
•26
28
28
36
28* 135* 35* Lake Hrte a Western....
'90
JO 95
JO 94* 90 94*
94
Do
pref.
'210
310
210
210
Lake Sh. a Mloh. South.
"76'
6J 70 60 70
60
60 70 Long Island........

15* *\%* It*
37
87
28
....

78

2*

otfs.

. .

16* •14* 16* £TanawhaA Michigan...

16

33

Deb.

Hooking
Do

184
130

181

189

11* 12
75
79

30*

33

137
814

410

132

186

HO
183

180

•12*

30

12*

3

3*
21

*5B* 60

10

10*
30* 30^
49* 5C*

20*
83
78

78

39
188

129*
II*
79
31*

33*

50* 51*
71* 71*

Street
(Ohio.)
pref.

Nat'l tr. reots...

New York a Harlem

132 187 N Y. Lack, a Western....
N. Y. New Haven a Hart
214 310 214
80* 20* 2C* N. Y. Ontario a Western..
Norfolk a Western. .......
38
82% S3* 33
Do
76 78
78
78
pref.
50* 51* Nor. Pao. By., rot tr. otfs.
50* 51
Do
pref.
71* 71* 71% 72
i'37"

r.BB.aN.Oo.TOttr.ofi.

54

88

53* 54
•88

88

58*
83
63

•33
•84
*33

51
88
61

•68* 65
64
64
137* 188* 128* 189* 128* 129* 128
8

•6

•38
•55
•57
•80
•

9

7*
24
80
60
83

1*

84

3*
si*

58

60
58

•5

55

M%
6

23
60

83

55
38
i

no

•8
•8
122

•56
54

60

81* 81*

81

81
Bid and asked prices

7*

•81

51
88
64

•53* 51

54
82

Str— t Railway.
NHW YOBK CITY.
Biaaek Bt a Ful F—Stock.
lstmort 4s 1950... JAJ
'way a 7th Ave—Stook.

Bid.

33
100
282
lstmor 5s 1904... JAD 1103
Idmor 5s 1914.... JAJ 110
Oon 5s 1943— Sm Stook Bxohl
jwaySur 1st 5sgu. 1924 {115
Id 6s Int as rental. 1905 1103
Central Crosstown— stoo* 865
1st M 6s 1922
MAN J185
Cen Pk N a B BIT— Stock 193
qonsol 7g 1808
jaD 106

88
64

52

60

•81

82

OUT8IDE 8ECURITIE8 (Given
_

Ask.
38
102
240
105
112
1st.

117

105*
130
200
107

54
88

Street

1

56
88

56

80*

Jan
Jan

4

3

Pittsb. Oln. Ohio,

Do

88*Auf

30*Mar 59 Not
May 103 DM
84*Mar 99*May
46*Deo 70 Jan
85 Feb 94 Not
97 Jan 186*Not
83*May 31%Deo
114*Deo 149*Feb
35 Deo 68*Apr
69

100*8ep
132*3ep
80*Jan
103* Aug

85*Aug
44*Sep
19 Not

52*Not

136*Sep

179 Sep
141*Jan 173 Sep
188 Jan 210%Sep
100 Deo 123*Jan
91 Feb 126*8«p
170 Jan 185 Sep

7*Jan
31*Deo
43*Jan
94 May

27
39* Apr 27
66*Mar 80
lll*Mar 29
28 Apr 27
73 Apr 19
12*May 3

25*Mar
56*Mar
64*Nov

Deo
16*Jan
37*J'ne 49*Deo
ll*Deo
5 Oot
9

103

J'ly

5

5* J an 29

68*J'ne
320

46
83
250 57
87,950 125

,

May
May
May

12

54

J'ly

11

4

84*Apr

10

2

58*J'ly

1

1

Jan

6 J'ne 19
125 20 Jan 29
55* Jan 31
"s'66
54 J'ly 25
8001 78 J'ne 25

9*Mar 26
29*Mar 27

4

May

230

a St. L.
oref

77*8ep

May 54 Not

88

28

87*Jan
66%Jan
J'ne 27 142* Apr
4 May
l%Feb 27
Mar
80*Jan

6

68

123*Jan 142 Jan

2
8

Jan

7*NOT
7%N»T

......
......

31

94

Feb

90

68MNOT

May 88

43
80

i>M
» »

-

Jan

Au

Feb 100

Less than 100 snares.

at rodT of

Railway.

7

.

.

.

Lex A v A Pav F 5i-Ste Stk Hxoh
. .

195

consecutive pages).— 81REET

Ask.
185

Bid.

Chrlst'p'raiOth St-8took 175
ColA 9th Ave 5s-8e« Stook Hxohl 1st.
135
133
Dry D B B a Bat— Stock
118
1st gold 5s 1932... JAD 1115
SoripSs 1914
FAA 98* 101
Hlghth Avenue— Stook.
392 400
109
Scrip 6i 1914
105
13d a Or St Fer—Stook.
393 405
75
60
42d St Man a St N Ave.
lstmort 6s 1910.. MAS 118 116
2d Income 6i 1915. JAJ
98* 101

Ninth Avenue— Stock.

J'ne 19

28
28
31

48*Oct
84%Feb

48%J'ne 61*Apr
67*J'ne 86*Not
61 Deo 137 Apr

pref., Tot.tr. otfs.

Paolflo Coast Co

Do 1st pref
Do 2d pref...
63* 63*
128* 137* 128* 127% 128* Pennsylvania
•2
2 Peoria Deoatur a B vans v.
2
2*
2*
7* Peoria A Eastern .........
7* •6
7* 5
22* 23* Pere Marquette...,.
23
55 60
Do
60
pref.
•84
•63

ware made on this day.

sales

O' Do

52
84

55

82

lBttOtt

• •

NashTlUe..,.

i» Metropolitan

8* Mexican

,

137
814

a

VJ anhattan Hie v.,oonsol

Michigan Central
"58* Minneapolis a St. Louis..
Do
93* 93*
3d pref.
•19* 21 Minn. St. P. a 8. 8. Marie.
Do
59* 60
pref.
10
Mo. Kansas a Texas
11
Do
31
31
pref.
50
50* Missouri Paolflo...........
•38
39 Mobtlea Ohio
.„
185 189 Morrlsa Hssex
Y. Central a Hudson..
1129* 129*
11* 12* NT Y. Ohio, a Bt. Louts...
74 77
Do
1st pref.
Do
30* 83
3d pref.

56*
93* 93*

•88

Louisville

105
56

"5*3*

185

92
158 4

3

'105

19*

71*

31* Met. West Side HI.
Do
•80* 80*
12* 12* Mexloan Central.

33
80

410
132
210
20* 20

311

80* 81
20* 20*
33* 34
33* 34
78* 78* •78% 78*
61* 51* 51
53
71% 73* 71* 72*

71
91
1E6

155* 157*

30

130* 128* 130* 138*
13* 11*
11* 12
•70
79
•70
78
30* 30* 33
30*
137
814

310

186

x70* 71*
90* 91*

14
30
17

1

Gr
r'nB.aW.,deb ofi. "A"

•mil

62% 63%
119* 119*119%
20* 20* 80* 20*

81

reat Northern, pref.

Apr
May
May
50*Jan

18
48

BighttU

29%Mar 21 15*J'ly 27 Sep
8%Jan
7*Mar 22
4*Sep
50 3 8* May 15 47*Mar 27
35 Deo 58*Mar
250 14*Jan 6 20*Mar 21
12*Deo 25 Mar
730 110 J'ne 36 119*Mar 28 106*Jan 135*Apr
1,800 174 Jan 11 186 Feb 20 167 Jan 194*Oot
150 16% J an 10 24*Mar 26
15%Deo 25*Apr
1,105 64>*J*nel8 76* Mar 26
63 Deo 80 Apr
18 J'ne 20 19 Mar 26
12*Deo 83*Jan
8 Nov
3 Apr
6*Mar 5
4 J'n j 13
400 12 J'ly 6 17* Mar 6
7*Jan 17*Nov
300 10*J'ne 21 14* Mar 27
10 Deo 16* Jan
1,730 31* Jan 9 43*Apr 4
37%Deo 42 Jan
125 15* Jan 10 83*Apr 4
15*Deo 82*Jan
200 40*Jan 5 54* Mar 15
36 Mar 46*Not
84 J'ly 18 94*Apr 19 70 Jan 98*Sep
15*May 22 14 Aug 25 Jan
14*Apr 4
19 Apr 3
14 Feb 30 Mar
15 J'ne
919 144*J'ne 32 174*Jan 3 142*Jan 195 Mar
53* Mar 7 58 Mar 29 49*Jan 01* Jan
•••«••
9*Oot
8 Mar 27
5 May
5*J'ne 28
200 30*Jan 10 41*Apr 21
82 J'ly 37*Sep
600 58 Jan 8 67%Apr 5 53*Deo 86*Sep
8,132 110 J'ne 25 120*J'ly 23 105*Deo 122 Jan
830 ll%Jan 12 20*J'iy 20 10* Mar 15* Aug
590 43 J'ne 22 58 Mar 30
40 Dec 62*Aug
7* Jan 15 Mar
10 Jan 2 18 May 4
7%Jan 31 2l*Mar 27
110 J'ly 20 17* Apr 19
35 J'ly 7 43*Apr 3
j
Feb
8 May
3*May 24 3*May 21
••••*
15 Mar *« Aug
15 Feo 2 17*Mar 27
375 20*Mar 18 34*Apr 9 14* J'ne 24 Deo
83*Feb 2 100 Apr 2 60 Jan 85 Deo
1197 Jan
3 2 13* May 28 196*Jan 308 Jan
* • •
47* J an 4 89 May 5 45 Dec 85 Apr
13,143 70*J'ly 26 87*Apr 2
63 Mar 88*Oot
26,930 81 J'ne 25 101 Feb 14
85*Dec 133*Apr
18,257 144*May 14 182 Feb 13 147 Deo 269 Mar
24*Jan 89 37*Apr 5 13*Aug 29*Nov
35 78 Feb 87 82*Feb 14 44*May 83 Not
17*Apr
4,950 10*Jan 8 14*Apr 18
6 Jan
6*Sep
3,710
1 Jan
2% J'ne 25 5 Mar 17
25 1104 Jan 22 5112 Feb 3 110 Oct 116 Jan
8,470 45*J'ne 18 69*Mar 28
35*Jan 78 Aug
635 87*J'nel8 97*Apr 6 73*Jan 99*Not
200 16 Jan 2 27 Apr 24
8*Jan S7*May
100 50 Feb 5 69 Apr 24
39 Feb 72 May
9*Deo 14% J an
10 Jan
5 12* Mar 28
8,010 28*J'ne 25 40*Apr 17
28* Deo 4 5* Aug
33 Dec 58*Apr
19,150 38* Jan 11 61*Apr 16
200 35 J'ne 25 48*Aor 2 33 Jan t>3 Aug
125 U83*Janl9 1189*May 4 176 Jan 1187 Not
8,990 125* J'ne 25 139* Apr 4 120 Deo 144*Mar
ll*Deo l9*J*n
••••••
11 J'ne 20 14%Mar 29
65 Mar 85 Oot
75 J'ne 29 85 Jan 31
29 J'ne 20 40*Mar 29 29 Deo 41 Jan
«•*••! 1400 May 16 §120 J'ly 13 1360 Jan 1390 Mar
1130 Jan 18 1135 Mar 10 129*Jan U33*Mh
I210*j'ne20 121 5* Jan 3 1198 Jan 1222 Apr
18* Jan 28%Mar
4,280 18*J'ne 20 26*Mar 28
17*Mar 88«Att»
4,575 22*Jan 10 40*Apr 18
597 67 Jan 8 81 Apr 28 61*Jan 74*Aug
42* J an 67*Aug
26,190 48 J'ne 32 63*Apr 4
68 Deo 81*Jan
3,340 69*J'ne 25 78*Mar 28
83 J'ne 52 Jaa

el. Laok. a Western. .
Denver a Bio Grande , , ,

Do

30*J'ne25

9
81

2,150

"iiii Erie.

41*

45
84

a

Mar 26
Apr 2
18%Jan 8 29*Apr 2
58*Jan 11 74*Apr 8
55*Jan 8 89% Apr 19
7 2* Jan
9 90 Apr 16
49 J'ne 25 80*Apr 10
52 Feb 27 70*Mar 29
93 Jan 18 115 Apr 26
85*J'ne 25 99*Feb 13
47*Feb 27 58* Apr 7
91*Feb 26 93 Feb 26

120 l03*T'ne 1
448 l4*Jan 10
421 48 Jan 2

pref.

Wheeling..

Do

15

S3
18
45
84

11*

•41* 45

43
84

44

Do

Oler. Lorain

16*Mar 8
40*J'ly 24

17,696 102

Do
pref.
••• Colorado Mid., rot. tr. otfi.
Do pref. Tot. tr. otfs.
6* Colorado a Southern
42
Do
1st pref.
do
16
Do
3d pref. do
112
Delaware a Hudson

U*

454

12*

3a* 33*
16* 16*
41J4 45
•80

6*

•

105
SO
70

1

41* 11*
17* •16* 17* 16* 16* 16
'in* 113 •111* 118% 111* lllH 112
'176 178 178
178 i75
177* 1
17* Ib* 17% 17* •13* 18* 17*
68* 66* •68* 66* •66* 66* 68*
12* 15* 12* 15* 12* 16* 13
•3*
•8*
3*
4*
4*
13* •12
13
12
12* 13*
•11
11
•10*
11
Si* 32* 32* 32*
33
33
32* 11* 33
i5* 18 • 15* 15* 15* 18 •15*
•41*
•16*

43

•16*

e*

105

30
70

•64

•••

113*4 11354 '111* 113

*176

1106*

106
30
70

20
67

• • •

Lowest.

Highest.

Lowest.

841 150*J'ne 25 167*May
663 195%May 9 300 Mar
J'ne 25 114*Mar
112 May 12 123*Jan
172 Feb 8 175 Mar
450
9 13* Apr
9 Jan

_

.

103

106

27* •64" 30
70
63

previ-

ous year (1899).

2,900 115 Jan 6 lS3*J'ly 6
8,385 24 J'ne 95 33%Apr 9
41,832 119*Jan 10 133*Apr 2
37 Apr 25 3 9* Jan 15
88 Jan SI 109 Mar 27 59*Jan
120 Jan 17 124 Jan
5 112*Jan
1,750 10 J'ne 18 15* Apr 2
10* Deo
870 81 J'ne 19 89 Feb 1
83 Deo
160 69*T'ly 17 78*Apr 2 50*Jan
200 30 J'ne 33 42 Mar 31
88 J'ne
8,250 14 Jan 15 29 Apr 16
7*Jan
35 45*Jan 24 63%Apr 4 31 Jan
40,331 108*J'ne 85 128* Apr 4 113 Deo
335 169* Jan 18 174*Mar 21 165 Deo

.

•104
•33
•64

•53
•68

»

V^l
anada Southern

•23

111* 110*
171
171
171*
160 161
1161*
197* 197* i9S
106
106* 107* 106* 107

107
•110
•165
•10
•33

lanadlan
pi

•

900
862

83* 83*
•88* 70

S3
24
56

53

pref.

103* apltal Traotlon
129* central of New Jersey....
27* Chesapeake a Ohio. .......
127* nioago Burl. A Qulnoy...

11

170* 70*

.

Do

•87* 88*

120

a Santa Fe

;

103*
130
129* 129* 129
27* 27* 27* 27*
126* 125* 126* 126*
••*
"95" •••••• 95
••••••
I

410

88,950
44,093
pref.
Do
42,810
75
Balt.AOhlo.vot.tr.certft.
1,975
81
pref.
Do
173,929
60*
ooklyn Rapid Transit.
125
Buffalo Booh, a Pittsburg

•80

Range for

Week.

Shares

pref

Atoh. Topeka

•

"95"

"97
125

88%
49*
108*

43

28* 26*
89* ««*

J9
'110

Ann Arbor
Do

18

40

43

N.

STOCKS.
Y. BTOCK KXOH.

Railroad Stocks.

•15

18

l\*
69
73

59

•88*

97
195

&

169

1.

Weekly and Yearly Record.

Daily,

Frida
July

26*
69*
74*
2°,* 80*
58* 58%

86*
69*
75*
81*
J 5 * 57*

89* *$!* 89* 88
89*
49
49
50
49*
49
60
103*
108*
•108 105
1*28* 18W* 139
12754 189*4 129* 130
27
87V 37% 97* 28* 27* 38
185% 138* 136* 138* 128* 137* 125%
•95
•180

15
10

18

'111

59

i.

Wednesday Thursday,
July 26.
July 25

Page

(2 pages)

ST00K8-HIQRB8T AND LOWEST SALE PRI0B8.
Saturday,
July 21.

»

1

ist

305

Street Railways.

Bid.

Second Avenue— Stook.
197
1st mort 5s 1909. .MAN ?107
Consol. 5s, 1948.. .FAA 1117*
Sixth Avenue Stook..... 200
Sou Boulev 5s 1945.. JAJ {111
So Fer 1st 5s 1919. AAO aos
.

—

.

Alk.
201
109
119
210
116
• • • e t

Third Avenue— See Stook Hxoh list.
Tarry
110
108
5s. 1928
Yonkers St RR 5s
107
105
38th A 29th 8ts 1st 5s.. '96 eii8
114
Twenty-Third St— 8tock. 400
410
Deb 5s 1906
JAJ 105 108
Union By 1st 5s '42. FAA 112 115

W PAM

RAILWAYS, &c

Bid.
Street Railways.
'43.. JAJ J1U

Westohest 1st 5s

BBOOKLYN.

Atlan. Ave.,5§ 1909.AAO
Con 5s g 1931 ....AAO
Impt 5s— Set 8tock Kxc
B. B. AW.B. 5s 1933. Aat»
Brooklyn City— Stook ...
Cons 5i— See Stock Exo

Ask^
114

110
J107
U5«
115
hlUt.
108*
1102
282 333

hange list.
BklynCrosstn5sl9o8 JAJ 105 106
BkinHgtslsl 5s 1941 AAO 103 107
U'kyn Q Co.A Sub— Seea St ok Bx. list.

RHvn Rap

Trari

— **'

*

. ... ..
. . .,
). .
.

.

THE CHRONICLE.-STOCK PRICES (2 pages)

170

8T00K8— HIGHEST AND LOWEST 8ALB PRICES,
Saturday, Monday,
July 21. July 23.

•6*

6

•65

33*

45
16

68

•9*

69

'$
36

•86

10

36*
3m*
11*
58

15*

49*
•82% 3o*
•13
14*

•49

120
15
63

120

15* 15*
61*
•i4* 35
990* 9*
•45

28
1CS
38
70

•154
938
•65

163

11*

11*

•3*

4
21
38

•20

87*

89

989

21* 22*

•14
•40

180

990

23

24
80

24
79

•79

34*
J
89 *
91

970

28
168
3

70
12

••••

7*
84
•115

9

116

125

125

70
38

•35

168%

37*
66*
11*

57* 58

nS
•37
88

34* 36
67

67

!i*
67
76*
13(*

68
72

130* 131

133

54
100

54

•98* 100

53

55

37

69

66* 56*

7(i

4

20

•7*

8*

91

7*

9

33

83* 34
'115

16
181

17a

38
80

•115

135
16
180

80

13*

130* 130
53

27*

33* 34*
66* 67
78* 76*

IS*
68
76*

•62

120

•13*

180
64

16

25* 21*

7»*

80

83* 34*
66
66*
129* 130
•52

100* 100* 100* 910.* 100* 100

•3

5

•95
11

25
56

•50
•96
•95

62* 62*
•75
76*
100

•3%

O

•20

•8

-20

•50

75

76*

•95

100

35
55

76*
99

16* 17
•80*
81* 83*
485
87
85*
986* 86* •85
•It* 21
80* 20* 19* II*
•86
•96
98
997* 97*
98
25* 26*
26* 26* M% 27
84* 64* 85* 85*
984* 84*
«6
46* 48* 46* 46* 46*
•89* 90* 990
90* &H 90
•83

•38

87
139

•83

37

87
135

188* 139* 135
16* 16* 15* 16* 15* 15*

187

23

65

2£X
29* 29*
*3%

5

14* 18
930* 30*

13
31

•29

•20

5

•95

•20

25
56
76
100

•15

•8%

68
It

19*

90

17

•52*
76

*t1* 75
•95

15
{30
30* 31
31*
»86% 86% 85
66*
19 19*
•it* 2d
997* 97* 96* 97
2.* 35*
•84
85*
46

46*

89% 89%
•33
181

87
131

31* 26
84
46
90

83

188

16* 15* •15*
•6
•5*
7
30* 31* so* 30* 30*
88
88* 32* 83
9M*l0f* 99* 100
9tf
99* 9b*
99
99*
49
43
41* 41* 41*
43* 43*
48* xia
•73
74* 74* 74* •73
74* 78*
176 " 75
181* 183 182* 183* 181 183 188 183 '182
12* 12* 11* 13* •11
12* 13
,12* 12*
54
54
54
54* 54
54* 54
55
•61*
* 62* •61* 62* •19 62* •61* 63* ;? *
:? 8
20
19* 19*
8
83* 64 •68* 64
•63* sy 64
64
•6
•0
95
'"I*"
5*
5* 5*
7?* 71
73
69
76*
74* 70% 71* 71
•15* 16
15* 15% •15*
16* 15* •15* 18
•18
•12
18
12* •11
13* •*1
12% •11
•64
65* 65* 965
65
65* 64*
985* 65*,
•46
•45
47
47
145* 4f* •45
47
915*
10% 11*
10%
10*
11* 12* 10* 12
68** 11*
ew* 69
6»* 68* 88* 88*
69
69
•84* 24*
34* 34* at*
24* 24* 21* 25
•6

•6

6

7

100
17

7

85
46
90
37
183

16*
7

pref

American Dlstrlot Tel
American Bx preii.
American Ice ............

56

*3*

pref.
Oil

Do

11

56

Do

American Cotton

28
158
37
69

37

. .

. .

Do

pref

American Linseed.......

Do

pref

American Malting

4

Do

20

pref

Amer.Smeltlng

Do

A Refining
pref.

American Steel Hoop

Do

Amer. Steel

Do

pref.

& Wire

(new)
pref

Amerloan Sugar Refining

Do

pref

Amerloan Teleg. <fc Cable.
921% 21% Amerloan Tin Plate
95

Do
78% 78*
96* 97* Amerloan Tobaooo
Do
9130
130
43
43* Anaoonda Copper

170

pref

Lirooklyn Union Gas

175

34

pref.

34
125

JJruniw. DookAC.Imp't.

Colorado Coal A

115

I. Dev't
Iron. . ,
Do
pref.
Col. A Hook. Coal A Iron.
Consolidated Gas (N. Y.)..

olorado Fuel

13% 13%
180

<k

36* Continental Tobaooo
Do
pref.

26

7«*

7<)*

Detroit City Gas
Brie Telegraph A Teleph.
[federal Steel

34%
65* 68
84

-T

12U*199*

Do

Gas

A Bleo.

(ieiierai

pref.

of Bergen Co.

JCleotnu..,.

Gluoose Sugar Refining.

Do

International Paper

23* 23*
65*
29* 39*

International

Power

•3

luienitftbiuLLA.

ouvei

Do

5

20

jrer.

Do
74* 74* Laclede Gas
Do
100

•96
•15

98
1V8

93

•

96

1124* 124*

79* 80

80

80

pref.
(St.

Louis).
pref.

Manhattan Beaoh Co
930* !£* National Blioult
Do
pref
987
87
17

19% National Lead.,
Do
•9** 97
46
90

S3

128

46
90
37
133

•15

•5*

pref.

Do

pref.

,,

SO*
eopTsGas-L. AC. (Ohio.
99* 99*
41* 42 Pressed Steel Car....
pref.
Do
73* 73*
184 •188 184
Pullman Company
Iron A Steel..
12* 10
13* 1 > epubllo
pref
54
53* 54 J\r Do
62*
Silver Bullion Certlfi....

A

.

.

J&J
lit 6s 1908
is oertfs indbtl908.JA.i
'39.JA.I
B'kC.&New 5s

dr.Bt.ANew lst5s'06AAo
G'p't A Lorlmer 8t. 1st Hi

i",3 90

16,576
1,910
880

600

loss-Sheffield 8.

20

I ...

6*J'ly
25* J'ne
92 Mar
4i*J'ly
72 J'ne
178 J'ne

All

t8U

(436

108* 108*
101

114

AA<
JAJ
lit 4s 1948
ri|wWmb'gAFllstex.4*-

117

ltfi

U5

109

81

77
1

10

87*

1C0
Btilnwaylit6sl992...J&J }117

80
114
90
106

150

1

OTHBR

Bid.

C1TIB8.

Buffalo Street Ry— Stock. 100
lit oomol 6s 1931. FA A ill 8*
Deb 6s 1933
1113
Chicago City
Stock.. 947
Indianapolis Street Ry...
84*
Cleveland City Ry
100
Cleve City-lit 5s '09. JAJ 103*
Cleveland Bleotrlo Ry....
87
Con 5s 1913
MAS 106
Columbus (O) St Ry
39

RR—

Preferred

Ask.

aUroci ttutlwity
Col 8t Ry— Con 5i — Se* P

MAN

83

Crossl'wn— 1st 5s
J
I • •

115

260
101
104

88

107*
24
85

C H«b A Paterson ....
4sg N v 1 1949 ..MAN

Kansas City B) 8s

J'ne

5
4
30
7

15*Mar 28

7

Feb

2

47*Jan
lll*Apr

2

9

I'

9

4*Mar

2

6

63 J'ne 38

13* J'ne
10

J'ne 18

56*May
145

19

22*J*ne 15
61*J1} 37
10*Jan 3
104 Feb 2
16*JMy 11
25 Feb 7

77% Feb

9

65
91
90

19
77
44

J'ne 25
J'l.
6

2 9* Feb
88* J an

11

1

77*J'ne 88

Ask.

hlla.

list.

9107
18

110

79

Jan
Jan
Jan

Feb 27 l04*Jan

•120 J'ne

Bid.

2
Si
3

Mar 13 949%Mar

7%J'ne 85

(Given at foot of 7 oonstsoutivb pages).— 81 REST
Wtreet ttnllway.

Oct

7*Dec

18

Deo

64

45

Jan
32*Sep
21 Nov

21*Dec
13*May
Deo

45

Aug
Aug

59

22*Dec
Si* Deo
85 May

1108

JA-i 9 88
Guar «s 1938
9*
bake St (Chlo)Hlev-8took
94
JAJ
1928
deb 5s
Loulsv St Ry— 5 p o bonds 9118*
78
Common.....

Preferred

Jan

Apr

88

99%Aug

42 Jan
36 Oot
110 Deo 230 J'ly

8*Jan 17* Not
10* Apr
6 Mar
35 Deo 55 Jan
90*Deo 129* Apr

6*8ep

15*Jan
45 Mar
89 Mar
80 Jan

Deo

9S*Jan

5*J'ne 40*NOT
64*Deo 84*NOT
37*Dec 57 Apr
99* Deo 191 J'ly
120 Dec 135*8ep
82

g*treet Kull«iir»
Mew Orleans City Ry

Preferred

16* North Chicago— Stook.
1st 5s 1906-18
JAJ
.

Bonds

.

St—Stook.

10* Pat Ry o in 8s 1931 .JAD
Gen 8s 1914
AAO

95

now
79
no
109

•fov A Pawt'0k-lii,5i '3d
tochester Ry

Con

5i 1930
3d 5i 1933
'

Sep

Nov
17*Deo
71 Deo
{45 Deo
11

RAILWAYS,

North Jersey

16*Not

Jan 126

36

to

LynnABos-lst5s'24.JAD ji is
Mtnneap 8t Ry-5i '1 9.J AJ 1107

40*Jan

10 3* Dec 115

27 58* J an 17
61 Aug
4 4% J'ne
23 88*Jan 17
75 Deo 91 Sip
25 189*Jan 19 156 Jan 207*Oot
8*.)'ne 25 27* Feb 6
18*Deo 83*Sep
49*J'
25 70* Feb 6
60*Deo 79 Aug
5»*Jan 16 60%Mar 8 58*Deo 66 Apr

5

I

Feb

54* Apr
98*Apr
37 Apr

5

18%Jan 23

3,640
1,810

—

97

14

59*)'ue25

20
•19
64
64
„ 6*
71*

28*Feb 6
106*Feb 20
53*Feb 6

11

19*J'ne 28

Kings Co. Hlevated.—
lit 4s 1949

Nassau Hleo pref
6s 1944

18*J'ne

May 17
20 J'ne 33
7fi*J'ne 26
40*J'ue 25

10-

Hi

Brooki?

8 J'ne 18
46*J'ly 13

95

2,100

Ontario Silver
Paolflo Mail

31*
99*
41*
73*

18

9

85 Jan 45 Dei
68*Jan 24 38 Jan 78 Apr
143 Apr 18 118 Jan 141 Feb
44%Jan 10 60* Apr 4 38*J'ne 5l*Peo
70*J'ne 33 78* ,pr 4 66*Deo 84*Jan
6*Mar 18 9* Apr 27
6*Deo
8*Jan
17 J'ne 85 24* Apr 27
19 May 25*Apr

86*May
35 May
810 115 May

NewCent.Coal (new itook)
N.T. Air Brake
15* North American Co
7

60 Mar 8
93 Mar 22
May 24
8*Jan 4
88*M»y 26 49*Jan 2
ll%J'ne26 16*Feb 5
8%J' e25 12 Mar 31
68 J'ly 12 72*Mar 30
Sl*J'ne2ti 39 Mar 30

Jan 16

5

IS''
pref
Do
64*
230
5* Standard iRope A Twini.
Tonn. Coal Iron A RR .... 81,830
70* 71*
300
15* 16* 15* Texas Pacific Land Tmst.
13* 11
13* Union Bag * faper
pref.
410
64* 64* 81*
iDo
10
45>» 946
46* United States Bxpresi
11
'0% If* v nited States Leather .... 61,331
8,945
pref.
69* •68* 69*
Do
8,03?
84* 93% 34* United States Rubber
•98
93 98 •98 96 93* 96
pref.
86
Do
13
128
192 128
193 129 •192 128
125
Wells, Fargo A Co
•79* 80* 979% 7n%
80
80
9,156
79* 80
est Union Telegraph
no sales on this day. I Less than 100 shares, t Bx 100 p. 0. stock dlv.

OUT8I0E SECURITIES
*

300
40
5,750
1,630
6,905
1,414

pref.

National Tube Co

J'ne

Jan}

38*Mar
44 Not
66 Jan 90*Not
7*Deo
3*J'ne
38*May 55 Jan

•

National Steel

Do

86

Dm

•19

24* 24*
83* 8*

15*Deo
42*Deo
22* Deo
25*Jan

6

r

15 111 Jan
9130 Apr 30 9108 Jan 9119 Feb
1,720 12* Jan 15 18 Feb 7
10%Deo
y
845 57%J'te2
67*Apr 2 51 Deo 68*8ep
420 30 J'ne 25 37*Apr 7
SO Deo 48 Nor
89 90 Jan 8 100 Apr 5
88*Jan 97*Oot
24*Jan 4 33*Jan 22 30 Oct 52*Mar
100 9142 Mar 6 159 May 2 183 J'ne 9 180*An
380 2 f * J'ne 26 49*Apr 4
31 Dec 4l*8ep
140 60*J'ne 19 78*Feb 3
72* Deo 85 Sep
836
9*J'ne 2i 16*Feb 8
8*J'ne 16*Not
2,580 49*J'ne 35 60 Feb 5
44*J'ne 61 Dee
710
3 J'ne 12
7* J an 2
6*Dec 37*Jan
600 18*J'ne 37 31*Jan 2 24 Deo S7*Jan
3,120 34*J'nel8 4o*Feb 6
30 Doo 59 Apr
1.255 85 J'ne 25 93 Mar 24
77*Deo 94*Apr
6,270 17 J'ne 35 50*Feb 6
24 May 4fc*N0T
1,210 66 J'ne 25 86 Feb e
70 May 86* Sep
44,130 28*J'ne 35 59*Apr 2
32 Deo 72 May
3,79- 89*J'ne 39 95 Feb 1
84 Deo 106*Mar
132,238 95*Mar 8|l37*Jan 4 U4*Deo 182 Mar
56 107 Mar 2|ll8 J'ly 14 110 Jan 123 Mar
165 990 J'ly S3 9 98*Jan 13 194 Deo 105 Apr
3,570 18 J'ne 36 36*1 eb 7
20 Dec 52*Apr
79" 70*J'ne35 84*Apr 9
74 Deo 99*Feb
120,170 84*J ne 25 lll*Feb 14 t78*Dec 229* Apr
10 128 May 17 140 Feo 16 131 Deo 150 Mar
8,120 3?*J'ne85 54*Apr 3
31*Dec 70 Apr
140 Jan
175 May 31 ISO Deo 160 Mar
1,275
6* J'ne 25 16%Jan 25
9%Maj 20%Aug
l*May 7 2% Apr 10
5%Apr
l*Jan
9,330 29*Jne 18 5l*Apr Se
30*Feb 64 Sep
120 J'ne 8 131*Jan 17
88 Jan 180
"650 ll*Jne23 21 Apr 2
6*Feb 21*8ep
7,340 17l*j'ne36 199 Jan
3 163 J'ne 22S*Mar
18,750 21*May 2i 38 Jan 3
20 Deo 65*Apr
1,00ft
70 May 12 89*Jan 3 71 De 103*Aug
200 91*J'ly 16 96*J'ne 14
63 Jan 101 Aug
101 Jan 3 12 %Feb 23
92*Jan 120*Oot
28,975 28*J'ne85 57%Feb 6
39*Deo 75 Apr
6,770 60*J'ne 36 77* Feb 6
67 Deo 9S*Apr
880 64 May 17 81 J'ly 17
ill |i4)«f
750 120 Jan 10 140*Apr 19
95*Jan 132 Nov
1,614 44 May 15 58* Feb 5
37 Deo 76*Mar
616 98 Jan 3 10l%Feb 1
95 Deo 110 Jan
106 J'ne 25 11 5* Jan 11
97 Jan 11 7* J'ly
400 14*Mar 6 25*Jan 3
17 Deo 68*Jan
1,140 58 Mar 6 70*Feb 6
62*Deo 95 Jan
_700 34 J'ne 30 80%J'ly 14
4 J'ne 16 10* J an 26
9 Deo 36 Feb
24 J'ne 29 40 Feb 13
50 Deo 6 3* Feb
100 52*J'ly 21 66 Feb 6
70 Nov 84 Feb
410 65 May 10 80 Jan 5 51 Mai 85 Dei
98 Jan 11 100 Jan 4
95*J'ly l02*May
1)700
6*Jan 30 18* May 2
89 Apr
5 Jan
1,338 23 J'ne 21 40*Feb 7
81 Deo 62 Jan
75 79*J'ne 18 96 Feb 7
89 Deo 107* Jan

I

Bid and asked prices!

n'oniy Island

••••••

Knickerbocker Ioe (Chlo.)

25

•52* 55

•

•93
•123

.

pref.

H. B.ClafllnCo

t

1 .*Mar 26
58*Apr 2
5,039 2l%J'ne 18 33*Mar 26
100 18 J'ne 8' 20*Mar Si
600 37 J'ly 3 57 Apr 2

538

pref.

meiioan Car A Foundry

62* 63*
34
934
89 91

•51* 53
100* •100 100*

5
25
55

new

new ....

Adami Bxpreii

130
15

63

23* 23*
65* 65*
29* 2v%

•••••
3,105
2,245

niecellan'e Stocks.

•123
15

35*A

6 1* J'ly

96,146
12,039

lit pref.
2d pref

14* Wlioon. Central,
Do
40

102

128**23* 923* 33* 22* 23*
66
66* 65* 66* 6 * {16
29* 29% 2b* 29* 2«% 29*

B.,

49
34

21* Apr
66*Apr

Highest,

136 Jan

...pref.

9* Wheeling A L.
Do
Do

•8*

178* 179

177

Do

Lowest.

I •

•••••I
;•••••

pref.

7*
84*

I

18

18

36* 87
37
87
8J% 88
87* 87*
20* 20* 20
21
67 69* 67 67
34* 36* 34* 35
73* 74* 73* 73*
126* 128* 126*128%
117 117
117*117*

90

A Ohio Central. . .
pref.
City Rapid Transit.
Do
pref.
Jnlon Paolflo Br
Do

Twin

57* 58
75* 76*
6* 7*

48
34

95
23
21* 23
23
23
•76
79
79
79
79*
98* 96* 98
98* 96
•128 lbS 128 183
43
43* 43* 43* 48
170 175
170 175
175
991

25% 26%
79
79*

80

80

l

19*

20
88
88

125

•13*
180

7*

18*
9*

8*

4

21* 21*
•o7

84% 35*
•115

57*

75%

ISO

•35
•67

2d pref

Toledo

mill

LX3 1.

8*Deo 14*Feb
64 May 75*Jan
28* Deo 44%Jan
2,500
8*J'oe 20 13*M .r 26
6*Jan 18%Aug
4.620 21*J'ce33 34% Apr 16
17 Jan
40%Aug
69,730 30%Jne 18 48 Mar 2?
27 May 44*Not
4,155 10%J'ne 25 15*Mar 27
10 May 14*Oot
10,185 49*J'ne 25 6l*Mar 3?
40*Jan 58%N0T
1,170 13%J'ne 25 81 Apr 17
12* Deo 25%Mar
562 45*Mar 2 135*Jan 3 117%Deo 243 Fib
••••
20 Jan
29 Apr

.

35
934*
91
•88* is*
•25
•25
•85
28
28
'153
156* 156* 153
15i

67*
3*
20*
3i*
8b*
32*

8*

* 180*18 *

18

973

54

'170

14* 15*

34%
•129

43

34* 36

34*

86* 11*
78
79
92
92*
67

44
175

4

170

174
8

13* 13*
181

*
8*

44*

48
•170

94*

93* 94*

93* 94*
• t • • .

23

76

79

71

32* 83

100

200
820
910

1st pref.

•10

45

•34
•89

*

93

993

24*

•67

49
26

Highest.

J'ne 20
Jan 9
Jan 9

43*Jau 27

A 8. Fr., rot. tr. otf i

Do
Do

[vol.

Lowest.
16

80

200

10* St. Loali South weitern.
Do
pref.
35* 25% 20*
33* 33* 38% Southern PaotfloOo
Southern, Toting tr. otfi.
11
11
11
Do pref., Tot. tr. otfi
53* 52* 53*
Texas A Paolflo
•14* 15
15
110 113 1 bird Avenue (N. T.)..
111
10

15* 15% •it* 14*
63
63
63* 61

64

4

90

91

83*

St. L.

10

•9

35

128

180

34* S5*
34* 86* 31*
84*
74* 74% 74* 75* 73* 74* 7b* 7i*
1*6* 129* 127* 129* 12b* 1«7*
126* 129*
116*117*
lie* ue* •117 118
117
117
991

10
70

47
34
13
14
14
39
39* 39*

14*

'130

15* 15*

•45
»153

35
45

39* 89*

41

64

71

17*

»••••• llltll

14

15

•120

109

56* 57* 56*
75* 75* 76*
8* 7* •«%
18* 18* 18
9* 9*
9*
47
48* •45*
33* 34* 2a*

7*

•7

87* 37* 3-*
69* 69* 6b
n* 13* •11
56* 57* 57*
8*
8* 3*
•20
19* 20
37* 37* 37*
88* 88* 8fc%
23* 23* 8 *

70

72
85

71

28
158

16%

2.

Range for year 1900.
Range for preOn basisof loo-sh're lots vious year (1899)

1,310
28,156
2,159

141

18* 19
9
9*
•46
48*
33* 34*

983

34% 84%
•88* 9'*

25

130

109

57* 58*
75* 75*

42

1180
15
63

88

HI HI* 9109
•35
•25
45
45
60

110

68* 58*
IP 76*
7*
ie* IP*
9* 9*
4b* 4**
23* 83*

19
9

•89

•67

88

•138

58*
75* 75*
•7
7*

9*

9*

68* 87
33* 83
10
10*
10
10
26
26* 25*
86* 97
Si* 31* 33* 33* 33*
11* 10*
11* H*
51*
59
52)$
52* 53
915* 15* 14*
15
15*

'•in
141

•188

•35
•18

10

•25
•45

•85
•45
•61

15
15

9*

33* 33*

10

36* 48
83% 34* 34
11*
11* UW
52* 58% 53
14
15*
110
ilF* 111

6

•6

6

85
13

9*

9*

33* 33*

9*

6*

•6
•85

•13

lading, voting tr. otf i.
A* lit pre*., rot. tr otfs
3d pref ., voting tr otfi.

N. T.

69* 59*
28* 39 Rio
Grande W litem
59*
Do
pref.
90
90
•8
«* St. J.* O. III. Tot.tr. oti.
6*
Do
lit pref
•85
46
45
Do
2d pref.
•13
15
15

80

90

14
10

•85
14

10

*<SS*

90
6
43

6

4?
15

•85
•18

16* 17*
16* 17
68* 5X* 58* 59*
28* 29
28* 29
59*

17*
59* 60*
Sa*
59*

39*
59*

29

90

•••It)

of the
Week.
Shares

Wednesday Thursday, Friday,
July 26. July 27.
July 25

•17

17* 17*
60* 60*

It
17%
59* 60)4
39* 39*
59*
•

Tuesday,
July 24

Sales

STOCKSSTOCK EXOH.

Page

AAO
JAD

RtlTWr pftT. f\ro*n

do.

N

9
1

'July

THE CHRONICLE—BOND

28, 1900.]

BONDS
H. Y.BTOCK EXCHANGE
See Sou Hy.
lit gag. 1928

labama Mid
Albany A Snaq. SaDiU
AneghenyVal. SsePennCo.
An Dock 41. S««CenofNJ.
1995
Ann Arbor lstg4i
Atoh T 4 8 Fe gen g 4s. 1 995
Registered

108

91

1995 A-O
1995 Novt
1995 Novt
.1902 J-J

Rqalp tr ser A g 5s. .
Ohio 4 St Lou lst6s. .1915
Atlanta 4 Char. See Son Ry.
Atl Knox 4 No 1st g 5s. 1946
Atlan 4 Dany See South Ry
Atlan 4 Tad. See South Ry
.

since

M-8
J-D

Austin 4 NW. See. SoPac.
Mich Cen
4 8.
Bat Creekprior See 3*s.l925 J-J
alt 4 O
1 g
1925 J-J
Registered
1948 A-Ot
Sold 4s
1948 A-Ot
Registered
South w Div 1st g 3*s. 1926 J -J
Registered
1925 J -J

•1

Last Sale.

M-N

.

Adjustment g 4s

Range
Jan. 1.

Ask Low. High. No. Low. High

Bid.

Alabama Cent.

Week's

Range or

Price
Friday,
July 27.

W»k Ending July 27

Begiatered

1

,

W 92*

99*

4

I01»j

806

99*4
83*j
79*4

May'oo

92

Sale

103

102*4 105

101*

101)4 Sale

84

J'ne'00

105

106

"91

84

Deo '99

Apr'OO

100*4

78* 85

105* 106

Chic

Sale

36*

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86*
111
111

eg 4*8 1930
WYa4Plstg4s
1990
Beech Creek. SeeNYC4H.
let

164

92*

"ae

87

86

May'00

iii' iii"

1913
1st oonsol6s
Ohio 4 N'west—Con 7s..l915
Extension 4s. .1886-1926
Registered ... .1886-1926
1987
1987
Registered
Sinking fund 6s. 1879-1929
870-1 929
Registered .... 1
. .

Gen Gold 3*s

M-S
Debenture 6s
1 947 J-J
C14Mahlstgug5s...l943 J -J
Booh 4 Pitts 1st g 6s. .1921 F-A
Consol 1st 6
1922 J-D
Buff 4 Southwest. See Brie.
Buff48asq 1st gold 5s.. 1913 A-O
Registered
1913 A-O
BurOR4Nlst5s
1906 J-D
Con 1st AooltrgSs.... 1934 A-O
Registered
1934 A-O
CRIF4NWlstg5s.l921 A-O
M48tLlstgug7s....l927 J-D
Canada South 1 st 5s. 1 908 J -J
2d 5s
1918 M-8
Registered
1913 M-8

112*

103
129
124

109

Nov'99

J'ly '00

129

J'ne'00

184

131
124*4

Des

108*
116*113
115

106*
107*

87

00

90

90
119

120

105
106
104

6
97

7

Escan4LSuplst6s..l901
Iowa Midland

91
64

91»

44*
12*

122*
120*4

88* 96

48

130

112*

116*118

116*
117*

117* 181
116*

8

117

99*

99*

Sale

130

118*115*4
100
14 101

Apr'OO

101*

116

J'ne'00

H7

117

J'ne'00
99*4

109

May'00

95*

J'ly '00

93
100

105*

101

98

98

96
100
Sale

100
100
108

98

117

96
100
106

HI

126

100* 102*

•!•*#•

iYe*

iw"

107
106* 113

108

Jan.00

125*

J'ly '00

103
120* 138

109*4

109*
180*
113*

109*4

108*118

182
114

'132

116

134
115
116
106

Sale

116
ibo*

103

182

119
112

J'ly '00

188
116

183* 188

J'ne'00

21 112

117

May'00

115

116

J'ly '00

105* 108*

115*

113

101

113*

115

111* 117

113*

union Trao (Chlo) Com.
Preferred
United Rys (St
Preferred

L Transit!

Tr4Bleo(Prov)-8t'k
West Chicago oi..,
Cong 5s 1936
M4N
Woroester (Mass)Tr-Com
Preferred
TJjx'd

Bid.
I

Ask.

08

14*

57

15*
57*

80*
68*

31

85
109
108

39*
106

67*
88*
111

104

103*

US**

U3*:
110
130

136*
L22*8

180* 189*
105

J'ly '00

Securities.

130 134
137 132*4
94 103* 108*
105* 107
96
98

May'00
Dec '99
98* May'99
108 May'00

133J4

140
92*4

105
118

180

133
140

107

59 181
138
140
127
17 92*

188*
May'00
May'00

ISO* J'ly '00
9**4
92*
106
120
100

99*

YORK.
Cent Union Gas— 1st 5s
Oon Gas (NY)— Stock—
5s

1008

136*
185
140
132
97

"i 118

180

108

180

108

Oot.'99
J'ne'99

110

103*

Oct.'07

112

114

Apr'OO

95
07

J'ne'00

•••••!

Jan.' 00

Aug'99

»•••

I •

•

113* 114

95*4

•

07
08

97*
102
09

108*
*

4s.

•

OS
87

» »

98

15

08

.

nun

Nov'99

,,,,, .,,,,,

105*
MIMI

115*

J'ne'00

115*115*

136

May'00

136

138*

128*

186

138* 187

108* Feb '*00

1

•

•••*

I 8

•lltfl •••••»

» I I •

87*

87

84* 98*
84*

6

109*8" J'ly '00

24
106

109*

May'00

188

180

27*

Clev 4 Marietta. SesPaRR,
Clev 4 Mahon Yal g 6s. . 1038
Registered
1038
Clev 4 Pitts, the Penn Co.
Col Midl'd— 1st g3-4s... 1047
lstgis
....1047
Col 4 Sou 1st g 4s
1039
0ol4 9thAv. Sss Met St Ry.
3olum 4 Greenv. See So Ry.
Col 4
Yal. See Hook Yal.

H

105
••til

Peo 4 Bast 1st eon is. 1040
Inoome 4s.
1000
CI Lor 4 Wh oon 1st 5s. 1933

Conn 4 Term. See
Conn 4 Pas Rivs 1st g

98

100* 104*

J'ly '00

105* Apr'OO

1936

88

May'00

•••

88

....

94

03

05*

180

216

SO

74*

75
76

85

85*

70*
71* 80

68

28

74*4

20

3

87

88

N4W

4s. '43

107
Dak4GtSo. SeeCM4StP.
116*
»11as4Waoo. SeeMK4T.
IDueNov. IDueJune. IDue Jan. IDueMay. aOptlonsales. bDue Aug. cDue April. dDueOoC

Bid.

NEW

Deb

114

Oct.'90

103
120

.

Gas

Ask.

N

Bqult GasCon. 5s 1033
Mutual Gas
N. Amsterdam

105

Nov'9»

(Given at foot of 7 consecutive pages).— GAS SECURITIES,

Gas

•••»•

•

110-

C4SlstMOOC4I7s.l90\
O Ind 4 W 1st pf 5s.. 938

90

?4* 06

• I I • •

103* 108*

100
113

J'ly '00
J'ly '00

•No price Friday; latest bid and asked this week. tBonds due July.

OUT8IDE SECURITIES

118* ia'a"

6s.

Ool

118*

,

109*

116* ii»"

06
83

98
80

Registered
1936
Cln B 4 01 eon 1st g Ss.1928
C C & 1 consol 7s ...1914
Consol if 7s
1914
Gen oonsol gold 6s. 103
Registered
1034

40 100*4 106*

108

Brie
Oh In 4 Louis— Refg 6s. 1947 J-J 118*
Refunding g 5s
1947 J-J 102

ByraouseRap.Tr., 5s, 1046

1st

103*
101
104*4 104*4

III*
111* 111
111* J'ne'99
102

• s

110

107

136*4 120* J'ly '00
121?* J'ly '00
131
Sale
106M 107
Apr'OO
*••••< 107

1990

Registered

lstg4s

115*4 J'ly '00
106*4 J'ly '00

105*

• • •

105

•

Spr 4
1940
WW Col4Dlvoonsg .1920
ValDlvlstg4s.l040
C
L C
I St

J'ne'00
104*4 Apr'OO
108* J'ne'00
102J4 103

116

107

139* Apr'OO
112

93*

GlnW4MDivlstg4s.l901
St L Dlv 1st col trg 4s. 1090

106*
101* 102*

See

Street Railways.
Bo Side Bl (Chio)— Stock

Geng4s
,.,,1003
Cairo Dlv 1st gold 4s. 1039

109&4H8*

******

.1941

110*
113* 117

117

J'ly '00
Deo '99

4 Mah. SesBRAP.
Ak4Ceq4 2dg6s..,1930
C C C 4 St L—

106

102*

<02*4 108
Hill

5s..

105* 110M

Clearfield

99*

J'ly '00

!•••••

140

107

107

1

A-O
J-J
M-N

1005
1037

118*
108* 113
108* 111*
106*4

F-A
107
Mar'00
F-A
108*8 J'ne'00
M-N 109*
103 Nov'98
Q-N
118 May'00
134
A-O
115* May'00
A-O
09 J'ne'00
A-O
105*4 Mar'99
A-O
107*4 J'ly '00
M-N 108
105
Deo '99
M-N
117 J'ne'00
A-O 116*
117*4 Feb '98
116
117
A-O
M-N '130* 181* 119 J'ly '00
119* Deo'98
M-N
F-A 131*4
103
103* Feb '00
104
J-J
A-O 102 104 103 Nov'99
112% Apr'OO
M-8 113
118* Apr'OO
M-8 113
HI* Apr'OO
M-8 112
120 J an. '0d
M-N 182
135* May'00
186 188
M-N
125*

ISO
180
183
144

100*4 C)

,

J-J

2d gold 4*8
ClnD 4 1 lstgu g

117*4

106tfFeb'99

102|g 103

141*

08*4 J'ly '00
108*4 J'ly '00
110
May'00
I

•109*4

J-J
Ch4WestIlstsfg6i..l010 M-N

H4D const 7s

117
118
123
140

May'00
May'00
Feb '00

141*

110

General gold 6s.
1032 Qh-D
Chic 4West Mioh Ry 6S.1021 J
101* Coupons off.
1021
Choc Okla 4 G gen g 5S.1010 J-Jd

102*4 J'ly '00
105*4 J'ly '00
102*4 J'ne'00

104*
102*

1

141*148

Chlo Ter Transfer g 4s. .1947

100*103

110

J-D

181* J'ne'00
118*4 J'ly '00
120
120
22

111
18

178

111* 111*
117* 181*
U6*8 110*

lll*Feb'00
•••••

IS'

S

128

U7« no*

oil

Apr'OO

114).

187
100
166

J'ly "00
J'ly '00

188

J-J
J-J H7«
J-D 118

«

•••••• ••••••

109W

117*4 110

103

101*Apr'99

105*4

J-J 117
J-J 109*
J-J 118*
11"

168*

2*s

115*119* riStL4C. SeeOOC4StL.
115*121*4 Rjtn S4C. See C C C 4 St L.

J'ly '00

105*

•100

109

188
180V

110*

118*
114* Apr'OO
137* J'ly '90
127* J'ne'00

133*

108T4
J '166 H

180
117
118

J'ly '00

118*4 119

L AN O. See 111 Cent.
L 4 Pitta. SsePaCo.
105 105
ChlcStPM4Ooon6s..l03O J-D 138*
107* 111*
Ch StP4 Mln 1st 6S..1018 M-N •131
Nor Wisconsin 1st 6s.. 1930 J-J 135
117* 185
116 122*
St P 4 8 City 1st g 6s. .1010 A-O 130*

a 130

J'ly '00

116*4

.

'10

119*
118*

118

117H117K

117*gJan.'00
120
120
117 J'ly '00

117

83
1005 J -J
94
Extension 4s
1005 J -J
Keok4DesM 1st 5s.. 1923 A-O 110
Small
1023 A-O
Chlo 4 St L See Atoh T 4 8 Fe
1st

Cln

2doong4s

LoulsvNA4Chlst6s.

106*

112*115*

J'ly '00
Feb '98

Chic St
Chlo St

188*4
120*4

100
101* Sale: 101

R4ADlvlstoong4sl989 J-J 105*

4 Brie.

109

J-J 139
M-8 137*
F-A
M-N
J-J 139
1017 J-J 188
Registered
General gold 4s
1088 J-J 107
Registered
1088 J-J
DesM4FtDlst4s...l0O5 J-J 90

9294

.

Chleago

111

MUL84Wlstg6s...l021
Ext 4 Imp sf g 5s... 1929 F-A 185*

104

89

J'ne'M
May'00
107* May'00

130

Winona 4 St Pet 2d 7s 1 007

108*
109*

36

6*4 J'ly "00
Deo '99

•100

1st 8s. . .1 900
1905
1st 6s
North Illinois 1st 5s.. .1010

M114 Mad

115

118* 180

95
102
105

1002 M-N 107*
General gold 5s,
1987 J-J 123 183
Registered
1987 Q-Jt 121*
Convertible deb 6s.... 1908 M-N
Am Dook 4 Imp Co 6s. 1921 J-J 118

1989 J-J
Warm Spr Yal 1st g 5s 194 M-8
Hlls Lex 4 BSgug Ss.1902 M-8
Ohio 4 Alton sink f d 6s.. 1 903 M-N
Lou 4 Mo RlT 1st 7s .1900 F-A
8d7s
1900 M-N
Miss Blv B 1st sf g 6S..1912 A-O
Ohio Bar 4 Q—
Con 7s
1903 J-J
Sinking fund 5s
1901 A-O
Ohio 4 Iowa Dlv 5s. ... 1905 F-A
DenvDlv4s
1922 F-A
Illinois Dlv g 8*s...,1949 J-J
Registered
1949 J-J
Iowa Dlv sink fd 6s
1 91 A-O
4s
1919 A-O
Nebraska Bxten 4s.... 1927 M-N
Registered
1927 M-N
South western Dlv 4s.. 1981 M-8
Convertible 5s
1903 M-8
Debenture 5s.
1913 M-N
Han 4 St Jos oon 6s.. .1911 M-8
Ohio 4 Bill, lstsf our6s.l907 J-D
Small
1907 J-D
lstoongSs......
1934 A-O
Gen oon 1st 5s.
1937 M-N
Registered
1987 M-N
Ohio 4 Ind C Ry 1st 5s 1936 J-J

110*

Mioh Dlv 1st gold 6s 1924
Ashland Div 1 st g 6s 1925
Convertible deb 5s. .1907
Incomes
,.,.1911
87* 90*4 Chic Rock Isl 4 Pao— 61.1917

J'ne'00

44%
12*

Sale
Sale

7s.

Con ext guar 4*s... 1910 Q-MI
Cent Paolno 8ee So Pao Co
Charles 4 Sav 1st g 7s.. 1936 J-J
Ones 4 Onto—
G6s ser A.
...1908 A-Ot
Gold 6s
1911 A-Ol
1st oon g 5s
1939 M-N
Registered
1939 M-N
Gen gold 4*6
1992 M-8
Registered
1992 M-8
Craig Valley 1st g 5s.. 1940 J-J

109

OttCF4 8tPlst5s..l0O0

106*
106
Apr'OO

91*

Mo 4 Minn 1st 7s. 1907

117*

Jan.'99

93*4 J'ly '00
J'ne'00

97

Le4Hud Rgen gug 5s.'20 J-J
Leh 4 WBCSi
1912 M-N

116

97*4 Oot.'9»

44*
12*

lit pref Inoome g 5s . .1945 Oct*
2d pref Income g 5s ... 1 945 Oct.*
8d pref Income g 5s... 1945 Oct.*

M4NDlvlstg5s
1946 J-J
Mid Ga4 Atl Dlv 5s.. .1947 J-J
Mobile Dlv 1st g 5s.... 1946 J-J

10 115

119

9194 Sale

106

116*
May'00

106*
108
104

2

107

107

116*
116
105

,.„

U2«

0RIaF4N. SeeBCR&N.
Cen Branch U P Istg4s.l948 J-D
Central Ohio. See Bait 4 O.
OenRR 4 B of Ga—Col g 5s'37 M-N
Cent of Ga Ry— 1st g 5s. 1945 F-A*
Registered
1945 F-At
Consol gold 5s
1945 M-N
Registered
1945 M-N

. . .

Sinking fund 5s..l879-1029
Registered ... .1879-1929
85-year debenture 5s. .1900
Registered
1000
30-year debenture 5s.. 1021
1021
Registered
Sinking fund deb 5s ... 1033
1933
Registered

114*

Apr '97

100

Garb 4 Shawn. See 111 Cen.
Car Cent. 8ee Seab 4 Roan.
Carthage 4 Ad. SeeNYC4H.

OsntofNJ-lst cons

113*

118*

•188*180

. .

118

J

1902 ?--5
1902 J-D

Gold 7s

J'ne'99

Registered

1 937

5s

No 1st ML 6s... 1910

1.

166* 168
178* 172*
168* 173*
166 178*

J

Mil 4

91

Jan.

166* J'ly '00
172* Apr'OO
170* J'ne'00
166* 166*
112* J'ly '00

168*
•166*
168*
188*

J

1910
1908

,

sine*

ii

Ask Low. High No. Low. High

118
J •137

lstLaCrosse4 D 5s. .1919
Mineral Point Dlv 5S..1910
1st So Minn Dlv 6s.... 1910
1st Southwest Dlv 6s..l909
Wis 4 Minn Dlv g 5s.. 1921

M

R 4 P gen g

Last Sale.

Bid.

J

.

5s

lstI4DBxten7s

97*4

Brnns4West. See8avF4W
BnffNY&Erie. See Brie.
Buff

1st g 5s. .1921

July 27.

Ssrnf

Week
Range or

1916
Far 4 Sou assn g 6s. ... 1924

See Illinois Cent..
See
K 4 T.
Hway47thAv. See Met 8 Ry
Bklyn 4 Montauk. See L Isl.

Boone v Bridge.

4PW

Dak 4 Gt Bog

100* 100*6 379 97* 102*
100
100* J'ne'00
101
ioe 86* 91*g
86*4
87

ib'djj Sale

87

«4»

94«

94*4 Sale

Registered

4 Car.

J -J
lst7sJtgoldRD....1902 J -J
1903 j-j
lstC4M7s
Chic Mil 4 St P oon 7s.l905 j-j
1914 j-j
Terminal gold 5s
Gen gold 4s aeries A.. .1989 J-Jl
1989 Q-J!
Registered
Gen gold 3*s series B. 1 989 J-Jl
1989 J-Ji
Registered
Chic 4 L Su Dlv g 5s. .1921 J-J
Chic 4 Mo Rlv Dlv 5s. 1926 J-J
1910 J-J
Chlo4PaoDlv6s

5s

MononRlv Istgug5s.l919

Bei

M

171

1.

Price
Friday,

lstHast4DDlv7s...l910

PJun4MDlvlstg3*sl925 M-N
Cen Ohio R

Ohio Milwaukee 4 St Paul—
4 St P— 1st 7s 8 g R D.*02

94*
98* 103

Page

(5 pages)

BONDS.
5?
N. Y. BTOCK EXCHANGE
Week Ending July 27. we

90
99

PRICES

t

.

M4N
M48

Gas—

1st consol 5s

NY Blec Lt Ht 4 Pow—N.
Gold 5s— See N. Y. Stk.

{106

YStk
93

{118
300

Y4

Securities.

Bast River

Bid.

1st 5s 1044
J4J {Ill
Consol 5s 1045
J4J 104
Nor Dn 1st 5s 1037. .M4N 103
Standard Gas Common. 130
Preferred
140
1st 5s 1030
M4N 1116
„ OTHER CITIES.
Baltimore Consolidates* «Balt.

108

—

.rob

03
116
816

Bay State Gas—

Ask.

Gas—

1

113
106
104
186
146

118*
Lis
1*4

Boston DnitedGas Bonds- Bostn uLis
{106* 106
Y.Stk Bxoh Buffalo City Gas— Stook.
4* 5
1st 5s Bonds
Bxoh List.
64
66
1
I

die.

Bid. Ash..
«*& Securities.
Ihicago Gas— See N ? Sto ok Bx nt.
109* 800
tnoinnatl G-»» 4 Coke,
lol

Gas L 4 Heat—Com.

O

44
77

50

81

85

80
...J4J {102* 105
83
80
.nsolld Gas (N J)— Btok

Preferred. • •
1st 5s 1033

, •

»

,

. •

J**
1st 5s 1030
dO msol Gas ( Pitts}.... 60
°°

Pref

Bonds 5s
)nium Gas

(J City)— Stk

lst6s

{And

t60

••••

interest

M4N

t Price

ioa
{104

•

I

ss

118
106

100

per ihlare.

• •

A

THE CHRONICLE-BOND

172

BONDS.
N. Y. STOCK EXCHANGE if
Week Ending Jolt 27.
Del Lack A Western 7S..1907 M-S
MorrisABssexlst7s.l9U M-N

1871-1901 A-O
1915 J-D
litoon guar 7t
1915 J-D
Registered
lit6».. 1931 J -J
Lack
192." FConstruction 6s
1928 M-N
TermAtmpt 4s
Byr Bing A N Y lit 7S.1906 A-O
1900 A-O
Wairen3d7s
Del A
1st Pa D1y7s.1917 M-H

July 27.

Last Sale.

AW

H—

...1917

Registered

M-S
A-O
A-O
A-O
M-N
M-N
M-N
J- J
J-J
J-D

1906

Registered

Guar gold 6s

,.190f
1906
1921
192!

Registered
lst7s
Registered
Del Riv RR Bge. 8e* Pa ER.
Den A RGr 1st gold 7s.. 1900
1936
lstoongis
1936
1st oon g 4**
Improvement gold Ss 1 928
Des
A Ft D. See R A I P.

RensASar

.

Det A Mack
199E
Gold 4
Dnl A Iron Range Iit5s.l937

lstlieng is.1995

J-L
J-I)
A-O

1937 A-O
1916 J
Dul Red
8 1st g 5s. 192e J -J
A
DulSoShoreAAtg 5s. 1937 J East of Minn. 8m StPMAM.
Registered....
2d 6s

139* 140
106* 105*
138
141V, 140
1869* 183

J'ly'00

115

2dextgold5s.
3dextgoid 4*
4thextgold 5

J?

•103*
119*

...

...
...
...

US*

J'ne'00
148}

1*8%

J'ly '00

102

97%
105*

Sale

101

1906

j-j

1st g 5s... 198*
1st gu gold 5i.l90t

M->
A-O

ttmail

Cblo

A Brie

RR
Long Dook oon gold Is. 1930
Coal A RR 1st o gu 6s. 192*
Dock A Imp 1st our6s.l91.
N Y A Green Lgug 5s. 1946

Jeff

A-O
M-r
J-J
M-h
1946 M-N
c

Small

MldRRofNJ

1st gOs.. 1910

N Y 8 A W— 1st ret 5s. 1937
2dg01d4*s

1937
1940
General g 5s
Terminal 1st g 5s.. . .1948
Regis 95,000 each. 1948
Wllk&BaslBtgn g5sl94i
Brie

A

See

Pitts.

Pa

F-A
F-A
M-N
M-N
J-I

1st general gold 5s. ...1942
1923
Mt vernon 1st 6i
Bull CoBr'oh lstg5s,.193C
oon gu g 6s. .1826
By AIndlst
St P.
Fargo A So. See Ch
g 6s.. ..1920
Filnt A Pere
1st oonsol gold 5s.... 1989
Pt Huron DIt 1st g 5s. 1939
Fla Cen A Pen 1st g 5s. .1916
1st land gr ext gold 5s. 1930

MA

1949
ConsolgoldSs...
Ft 8 A V B Bge. Be* StLASF.

A-(
A-C

•

83
109

Sale

Ft

148% 148%

M-N
A-C
J-J
J-J
J

-J

>

• • • * •

!

• *

•

83
108

J'ne'00

109

93* Feb.'94

See 8 P Co
1st5s.l91S A-(
1st pf g 5s.l94S A- (I
1945 J-J1
1st oonsol g 5s
Ga Car A No 1st gu g 5s. 1929 J-J
Georgia Pacific. See So Ry.
Nor. Set So Pao Co.
Gila

110

J'ly '00

oon g 4*s. 1 999
1999
Col
V Istextg4s.l948
Hougt B A
T 1st g 5s. 1 938
Hems A Tex Cen. See So P Co.
CentralIllinois
1st

Registered

AH

W

Registered
1st gold 3*
Registered
1 st gold 3s sterling ....1951 M-8
Registered
,...,1951 M-f>
1952 A-O
Coll Trust gold 4s
1952 A-O
Registered
1953 M-N
L
A Tex gold 4s.
1953 M-N
Registered
Cairo Bridge gold 4s. .1950 J-D
1950 J-D
Registered
LoulsTllle Dlr g 3*i .1953 J-J
Registered
1953 J-J
1921 F-A
Middle Dlrreg 5s
1951 J -J
Bt Louts Dlrg 3s
Registered
1951 J-J

NO

*

No price

Friday

•122%

138*

Deo

143

87* 88
'69

"

Bale

Qae

Secuiltlee.

Gas— See M V Bxc
ssex A Hudson Gas
Fort Wayne (Ind)
JAJ

1st 6s 1935

Grand Rapids— Stook

FAA
1915
Hartford (Ct) Gas L... 85
Hudson Co Gas
5sgl949....
Indiana Nat A HI Gas—
MAN
1st 6s 1908
1st 5s

Indianapolis
lit 6s 1930

Gas—Stook.

MAN

••

1051
195;

DiTlstgls... .1951

Registered..,

195)
BtL Sou litgugei.. .1931
Ind Deo A
1st g5s....l98t
lstguarg 5s
1985
Ind 111 A la 1st ref g 6s. .1948

W

Low. High

101*

99* 108*

101*
101*

Oot.'99

Dee '99

*

tee

182

137

Feb

It

37*

93

"ti

67

75*

111

119* 119M

Bale

115*

I

••

90

J-D
J-D 100
J-D
J-D
J-D
M-H 100
J -j 103
J-J

>.'ov'»8

136% May'00
136 Deo '99
Feb

108

135

139
•I

118

136* J'ne'00

••!

•••!
nti|

•••••(
t

steel*

109

ee

104
105

106

•

MMM MUM

8ep.'99

Apr '00

104* 101

106*110*

x?5

e e •

Oct.^

104 " 104* 104* J'iy'00

104

123'
Sale

65

•

NOT'97

185*

J'ne'OO

105

Mill title

109

•

106

17

ttei*

2d gold

W lit g 5e.l93',

North Ohio 1st gu
8

AM

123
105

105

J'ly'00

133*
• • •

• • • e • •

•

•

at

••••

mm

134
103
100

110
108

130
108

101

Mar'9i-

••••
lltlt

It

•

Bale

57

58

123*
103*

105

J'ne'OO

110

•

mil

iieee.

••••• ni|<
*!•••• Mtl>

I • •

•

» I » • .

105
71

Max'98

70*

J'ne'OO

70
55

74%

69

103* 105

103*

103

104%

.'!""

106
89

103*
Deo 98
Feb' 00

89

89

Jan.'0C

99* 99*

"97%

130
115

J -.

f-J

99*

71

NY Cent.

104

116

114*

Registered
194'
L V Coal Co lit gu g 6s. . 1 981
'Altered
i93r
,
Leh A N Y lit gu g 4s. ..194
Registered........
194:

106

J'ne'OO

114

60

•

tills

May'00

104*106

• > • • *

105

101% Sale
•••••

)(••••
•

•••

•

116

113* 113*

103* Apr. '98

•

tltt

H

t • I

103

J'ly'00

104%
101*

Jan.'9t>

98

Jan.'OO

101
98

104
98

101*

100

108*

100

105

•••• eseeei

101%

••••«

10:;,' Sale

101*

'V6^

Sale

MMM

108*

•••l»4

106% 110*
•

113

113

J'ly'00

109* OOV99
103% NOT'99

A-

J-,

•e set

"mm

IIS*

#•••*-•
1 tee*
«••••• NIIM
-

ib'i*

8e'p.

MMM Mill!
91* 93*
MMM HI*»-«
elite* M»»M
MMM •>•»••

131*

J'ly'00

130

J -

93* 04

M-fr

93*

VI-

1

t • I • •

J'ly '00
Itllll

V99

13'*
.....

1930
1987
1940

j-r

ANashrille—

General gold 61
Sold 6s..........

g4s

g5i

Col tr 5-20

H

Metropolitan Bl. See Man Ry.
4s. ..1911
lstoonlnoome g 8s... 1989
Id oon lnoome g 81..,, 1939
IquipAooUg 5s. .....1917
<lex Internatlst oon g 4s.'77
1937
<ex Nat 1st gold 6s
Sdlno 6s A Op stmpd.1917
»d lnoome gold 6s B..1917
<«x North 1st gold 6s.. 1910
1910
Registered
ttloh Cent. See N Y Cent.
Hid of N J. See Brie.
* L 8 A W. See Cblo A N

A Mad.

AN

See Ohio

16

......

•»<««

106

105

May'00

105

101

J'ly *00

61

71
8

63

•••

• • e t

4*

J'ly'00

118

116
£5
* * •

MMM MM"
•

••••,

Jan/98
May'00

MMM

137
117

J'ly '00

Feb.'OO

187
117

......

111

98*

110*

183

Deo '99
110

18 i'07"

96%
96%
07* Jan.'00
109* J'ly'00
96* OOU'99

1078

1

l'.O

109

101* 100%

101*

no

114%

i'l4%

10

79* 62* 78
26% 88* 86%
18* 18* 1S%

J'ly.'OO

101

J-J
J'lyl
J'lyl

A-o

M-8
J-D
M-8i

100
70

An.l

9

J-D

•

e 1 • • • •

102

D

Ittlt

110

189
117

110% 111%
135%

Apr'Oe

183
66
110

I

103% 108

109* Nov'9m
110% J'ly "00

HI*

IHlh

111*114*

103
103

118
Ill

133

107* HI*
96% 101*]

106* lOt
96* 100

114* May'00

113

109

Jan.'»K

118

119

111
'")!«

97* 105

May'00

6*

117

••••

96

J'ne'OO

105
107
106

* « S I I

120
80
BANAoongug5s....l936 F-A 109
Sink Id (BAN A) g 6s. .1910 A-O •107
Eentuoky Cent g 4s. .1987 J -J
94

MexOentoon gold

•

100

111
J'ly'00
M-N 109
96*
J-J 98* 98% 98*
J-J
109% J'ly'bo
M-N 108
98*
A-O 98* 99* 98*
103
106
NOT'97
M-6

1940
1931
g 4s.. ..1903-16
Oeoel Br 7s
1907
M A Nasn litg 6I...1919 J-D
LOtnALexg «*.... 1931 M-K
1900 J-J
Nub A Deo lit 7s
NOAMlstg 6r ,.,.,1930 J -J
Id gold 6s
,,..1980 J -J
Pensaoola dlv gold 81.1930 M-6
•-en* A Atl Istgug8s.l921 F-A
BtLdlrlstg6
..1931 M-6
SdgSs
.....1980 M-6
Registered

Ooll trust

111"

MOM

M-i

••••

•

118

NYBAMB

1946

too
106

99* 103* May'00
94
Sale
94*

'

General gold 4s

MMM

105

106
1st oon g 4s
1981
'100
General gold 4s
1988
Ferry 1st gold 4*
I92i M-t 108
Gold 4s..
1935: J-l
Unified g 4s
1946 M-f
94*
Debenture gold 5s. .... 1984 J-l
Bklyn A Mon lit g 61. 1911 M-i
1st 5
1911 M-t
NYARBlstg6s,..,1927 M-l» •109
oon g 5s.. 193f A-O
NorShblstoon B«u5s..'3. y-41 •i'0'9"

i?a
101

IIS" 117

70

87* 195

81

30* .9*

J'ly'00

66
86*
108* Apr '0C
81
Apr '00
13
18*

3

J

M

May'00

106

99

ill"

103
81

108*
81
17

13

105

10SM

W
W

UUANorth. SeeChMAStP
so" "98* tf U A Bt P. See Oh M A St P

May'99

eo%

108*119*
110*111*

108% Nov'OW
'.'.'."

lis"

•

Mil

188

116* 138
15

•••« mill

LANAMAMlstg 4*1.194? M-S
N Fla A 8 lstgu g 5s ..1937 F-A
LA Jeff Bge Co gug4i,1945 M-6
L N A A C. See O 1 A h.
MabonCoal. See L SAM 8.
anhattan Ry oon 4s. 1990 A-O
98% 103*
1990 A-O
Registered
MetropolBl Istg6s...l908 J-J
108 108
Man 8 WOolonUgSs. 1934 J-D
100 105
sflE'ptABV. SeePMoKAT

113* Mar'00

105

71

68

Aug' 9 8

1(8

108* 109

.

115

..... ....1

120* J'ly'00
1-6*
115
110* J'ne'OO

117

5s. .194

LaAMoRiT. SeeChlAAlt
125* LB A St LConong 61 Tr eerts

•••••• ••••*•

ins
105* 105
108
107* May'00

104
99

See

8.

Louisville

•••••
ii'o'

194

5s.

enit

KII4I .....
s • e e e s

H tS

t e • t •

116*130
107*111
98
99*
93
97*
108* 118

MM*

101

,

t • • e 1

118* 130 i'l9" J'ne'OO
....
109* 109* J'ly'00
98*
99* J'ne'OO
95 Sale
95
95*
113*
118 Apr'uo

119
106

•lilt

SHIM
•!••• MIIM
null •mil

106* Aug'99

Int A Great Nor—
Itt »old«§

•

• • • e •

186%

......

100

'00

*>•*«•

• •

•

Deo '9^

106

117
••

te ••

• • •

116
105
183

114

...... ••••*4

BlCANlstglstpf6s.l91' A-(
Gold guar 5s
191' 4
tin
LebAHvd R. SeeCenofNJ.
te
Leh A W lkesb. 8*t Cent NJ
114 117* Leroy A Oaney Vai. SesMo F
Lex At A P F. 8*4 Met Bt Ry
136* 139* Long Dook. See Brie.
Long island—
tees net
litoong 5s...,
1981 j-J

'91

10C*

e

143

'98

83
87*
93% May'Ot
69
69*
140

MMH

i'l3% J'ly v00

119* J'ne'OO

• e

183
100

1

•

OUT8IDE SECURITIES
Detroit

•

•

Mil

••••••

High.

95

t e e 1 e
•

'llSfc

LebVal(Pa) ooUg6s.,1997 tt-r
116* 118
1997 M-N
U9* 119* Registered 5s
-J
118% lie* LehVNYlstgug4*s..l94<
Registered
194( I-J
183* 183*
Leb V TerRy lstgu g 5el94 A.- 41
4'

117% 117%
11»* Jan.'00
116% J'ne'00
123* Mar' 00
106* Apr'99
13t* 138*

9(%

these axe latest bid and asked this week.

;

Mem

L
•117

J-J 10C* Sale 10C* 100*
J-J
A-O 104
104
J'ne'OO
M-N 103* 105* 104* J'ly '00

1951 J -J
1951 J -J
1951 J -J
1951 J -J

ist gold 4s

.

4s

Registered ........1951

LakeJErle A

VGA

Hock Val

1888
1982

Sold 3*s

107*113

Grand Rap A Ind. See Pa Co
Gray's Pt Term See St L 8W

SfeOBAQ
Han A St J. See NYNHAH
ousatonlo.

1951
. . .

ee

t e e t e e

114* EeokADesM. SeeCRIAi
EnoxrUle A Ohio. St* So Ry

J'ne'00

109*

-J

Ga A Ala Ry

• e t t

1.

Eansas Mid. See St L A 8 I
Sentuoky Cent. See LAN

114*

113

W A D C— 1st g 4-6s.l921 J-E
WA RloGrlstg3.4s.1928 J-J

Gal Bar ASA.
alHAHof '82

1951

Registered

Unified

A-O

j-j
j-j
j-j
F-A
F-A
J-D
M-8

MiHf
Jan.

108 May'00
A-O 109*
190
120* J'ly'00
mt, M-N
gold 5s.
86* 87* 87* J'ly '00
190* M-S
<J
3dgold4s.
55
57
55* May'00
1981 M-S
Iowa Central lstgold5s.i93> J-r 113
118
113
Iowa Midland. See Co A N VJeffersonRR. See Brie,
108* 109*
EfalAAGR. SssLBAMfe
**-an A Mloh. Be* Tol A O C
76* 82* E O A MRAB 1st gu g5t.l92i A-O
KC PAG trots 1st g 5s.... A-C 71* 73 73 J'ly'00
107 110
Ban A Pao. See ME AT
•stltl Mill

102* 104%
28
96* 99*
107 107*
101*106

104% Apr '00
97%
97%
107% J'ne'00
J'ne'00
101%

•still llll>

A-<

J-J

Fort8tUDOolstg4*sl941 J
Ft

1474* >48fc

Ask. Low.

ChloStLAN Og 5s.. 1951 J-D 128*

118" 120%

108* May'00

1C6

•

J-J

CaxbASlstg

146*148

Co.

Bscan A L Sup. SeeCANW.
Eureka Springs 1st g 6s. 1933
1921
Ev A T H 1st oon 0s

M

A-<
J-.'

130
106
183

IMIM
112* 115
112* 113

Last Sale.

•101* 103

g3*s. 1951 j -j

Registered
Belle* A Car 1st 6s

Range,

Range or

.

.

W

Western Line 1st g 4s.l86l

118% J'ne'00
118

1051
195

Registered
Spring DIt 1st
Registered .,

116
105
128

Aug'»e
146* May'00
143 May'9-;
118 J'ne'00
123 .T'ne'9v

...
...

•1(6

148

iss" 137%

Feb '00

...

113«
118*
148*

Gold 3*.

LXJI

Week's

Price
Friday.

8 "S

Bid.
HI Cen. St. L, Dlv. (Con)

104% 107*
141*

Mar' 00

...

117

133%

[Vol.

%.

July i7.

BONDS.
STOCK EXCHANGE
Week Ending July 27.

188

May'oo

!!!
...

•io;
143

•117*
192? M<
1920 A-O •123
1928 J-I •10PJ4

5th ext gold 4s
1st oonsol gold 7s.. ...1920 M-S
1st ooosol gold id 7s.. 1920 M-S
Brie 1st oon g 4s pr bds 1996 J-.i
Registered
1996 J-.'
1st eon genllen g 4s. ... 1 996 J-.'
Registered
1996 J-.
Buff NYABrie 1st 71.1916 j-i
gold 6s. ...1906 j-j
Buff A 8

1.

Page

(5 pages)

N.Y.

Oct.'

119
105
122
108

...

Elgin Jol

19M* M-

183
136

J'ne'00
J'ly'00
J'ne'00

W

aatTVaAGa. See.SoRy
AB 1st g 5s... 1941 M-N
Blix Lex A B 8. Be* C A O.
Elm Oort A No. See Leh ANY
Brielstextg4
.....1947 M-N

Jan.

If

123% Apr'0(

...

1S5

. .

DetMATo). SeeLSAMBo.

since

189

M
M A Minn. See Ch A N W.
M Dn Ry 1st g 5s. 1917 M-N

Des
Des

-we

Ask. Low. High No. Low. High

Bid.
124
138

A Saslstoongu7il906 A-O iso"

Alb

Range

Range or

7s

NT

Week's

Price
Friday,

PRICES

%

»

:,

1

Bonds due August,

t

Due

April.

I

Due January.

1

Due

October.

I

Due

July,

a Optional

(Given at foot of 7 consecutive pages).— GAS, TEL. & TELEPH., Jc

dm

Secnrltles.
Kansas City Gas
100
5s 1933
AAO

I

99*

Laclede Gas— N Y Stook Bxoii
Lafayette (Ind) Gat
1st 6s 1934
MAN 81

Ask.

Bai SecurUlee.

Bid.

Auk.

40

Bid.

Ohio « Mid Cen Nat & 1)1-

88

33

101

—

Loganspt A Wab Val—
lst8s 1925
JAD
MAiltion (Wis)

1936

Gas— Stok

AAO

60
70

$106
Newark Gas 6s 1914
1189
Newark Oonsol Gas ..100 56
1st 6s

65

88
76
107

OhloAInd— 1st

6s

es* PS*

'36J4D

Peoples Gas A Coke— N Y Btoo« Bxc
Philadelphia Co— See Bos ton L lit.
50 t »4*
Providence Ga*.
83
30
8t Joseph (Mo)

JAJ

(

93

St Paul Gas— Stook
Oonsol 5s 1944 ....MAB
Syracuse Gas— Stook....

*

79%

5s 1937

Ist5sl946

5s 1948
JAD I-.08 103* Western Gas (Mtlw)
Mew Bng Gas A O— SeeBo stonL 1st.
Is— See N Y St Bx

JAJ

46
10

87
94

list.

95
58
81
14

90
96

ii

I

Bid.
Teleg. At Teleph.
velesu A. rncpo.
A'unrican Dlst Tele— NY Stock
Bell Teleph. of Buffalo... 118*

A.i.

A South Amer....
Potn Teleph—Stk

106
65

Central

C

ies

A

5s 1909-89

JAJ

10»
61

104
165
110
75

xeh

170
O immerolal Cable
O >mmer Union Tel (NY).
115
B aplre A Bay State Tel
•••IS
B -le Teleg A Telep— See 8 tekBx Ult

F.ankltn

tAnd interest

i

43
tPrto* per el a

48
I

.

July

5
1

.

.
.

1

THE CHRONICLE -BOND

28, 1900.]

Range

Price

Week's
BONDS.
13 Friday,
Range or
W. Y. STOCK EXCHANG E
July 27.
Last Bale.
Week Ending July 27. 4£
Bid.
Ask. Low. High..
149 May'00
Minn A 8t L— lit 7a ..1937 J-LS »US
132* May'00
Iowaez lit gold 7a... 1909 J-D »H8
•135
187 Jan.'Ofl
South Weitu lit g 7a. '10 J-D
1921 A-0 •121
188 May'00
Paolfloex lit gold 6a.
115 114* J'ly '00
198i M-N 114
lit com gold Si

tince

Jan.l.

M-8
96
J-J
M SSMAA lit g 4i lnt gu.'26 J-J
oong 4aintgn'S8 J.J
M StPASSM
Minn Un. SuBtPM&M.
91*
Mo iian 4 Tex— lltg 41.1990 J-D 91
69 Sale
1990 F-A
3d gold 4
1944 M-N
90* Sale
lit exten gold 5i
BooneTBdfiOogng7i..'06 M-N "9*6"
'9l'
Dal A Wa lit gu g Si. 1940 M-N
93 Sale
M H ATof Tlitgug6a.'43 M95
98
8her8hASou ntgug5i.'43 J-D
KOAPaolitg4o....l990 F-A 85*
Tebo A Neoiho lit 7i. 1903 J-D
MO H. ABlltgUg Si. ..1942 A-C 103* 103*
190B M-N 113*
Mo Pao— <d7i
1930 M-K 116* Sale
lit oong 6i
•»

97

Tiustg Si
Reentered

1917 M-S1
1917 M-81
1930 F-A
lit ooll gc s 5s
KejUtered
1930 F-A
LeroyACVAL litg5i'26 J-J
B of Mo lit ex g 4i '38 F-A
Pao
2d extended gold Si. 1938 J-J
St Lonli A Iron Mount—

93

:

US*

Verd VI

Sm

Small

1945

Mortgago gold 4i

1945

Small

Mob A Ohio new gold 8i.. '37
externum gold 61.1927

U

General gold

MontgonaDlY

1938

lit g Si.1947

LA Cairo gug 4I..1931

St

MohawkAMal.

128

91*
89
90

91*
60*
90*

88* 93*
65
70*
89
95*

2<i

79
23

100* Not'99
94 Deo '99
93

97*

92

83

J'ly'00

118
116
97

J'ly '00

no

70
103
113

23

116*

SmNYOAH

98*

90

110*
J'ne'00

79*
110*

J-J
J-J
J-J
J-D 184 134* 128 J'ly '00
Q-Jl 118*121* 183 J'ne'00
M-S 84*
85
84*
F-A 109*
109* J'ne'00
J-J

.

BegUtered
Debt oerti ext g

M-S 107**
M-S 107*
J-D 103*
1890-1905 J-D 108*
4I....1905 M-N lOii*

Reglitered

1905

M-N

!•••••

• * • I •

180
• •
188
11
83
107

••••••

138
136
87

• •

J-J
J-J
J-J

1

96

109*

BegUtered
Bat C A St lit gu g 3i '89
g 8*a 3000
BegUtered
3000
N Y A North lit g Si. .1937
.

N Y A Harlem

BlTgu g

*

4i.'32

lit g 4i. 1937

1937

Mo prioe Friday

;

180*

J-D
M-N
M-N
A-O

J-J
A-O
A-O

Telee.

A

<fe

Teleeh.

Stock

May'00
Deo '99

113

108*111
108 111*

ib'i"

ios*

97
95

99
98
98
97

115* May'00
186
109
107

188
188
118

95*
94
108
1

10?

Aug' 98

105

Bid.

•

••

110*
•

•••••*

106* 107*
102

13 110
•i

110

100*
100*
8 111*
111*
109*
110*

• • • •

119

103

97*
91* 106
97* J'ly '00
• • •

101
101

lat g 5al936

St.. ......1937

lit g 4a

1901

J-D
A-0

110

J-J 'ee*

128
» » • «

114

*Q *%•
W%*\

1 (7 1 4
i
IWt •• •••••« •••••••ilvlid

PumRR lit real ea g 4a.l983

.

W

.

115*115*
129*

«

May'00

104* 108*
103* 105

1 Dee Jan.

Bid Alk.
Teleph.
A Cable—See Phila Hat.
Weat'n Union Teleg— N I Stook axon

nllit

IB
Comol Bleotrlo Storage.
Bddy Bleotrlo Mfg Co.. 25 t
BdUon Bl Dl Co NY—N Y Stook Bxoh

170
46
20
14

Bdleon Bl LU Co Brk— N Y Stook flxoh
11
9
Bdlaon Ore Milling Co...
2*
HI ectro- Pneumatic Trans
a • ••
Fort Wayne Bleo. Co.. 85
48*
38
Rertei A

m

a

68*

109
95

110
96
Ti

60

21

104*110
103

108

116*

HI*

116U

lll*Jan.'00
102 Not'Os
181 J'ly '00

is i"

iai"

as

116*

108

ill* lllS

103* Mar'00
117* Feb '00

10a

IIJX

•101*
101*

101* May'00

101*101*

,

119

•

•*•»•

117*

•••••• ••••••
•• • *•••••

• « » <

101

101

101

114

Apr'00

117

109* Apr '97
lie* 116*
116* J'ne'00
113
109

113*119

Not'98
Aor'00

«

136
1S1
108

••••!

106* 109
100 101*
135 139*

101* J'ly '00
139* May'00

J-J
M-N
J-J

101

-J

M-S
M-N
Q-F
M-N
J-D

••••• lata*
•

MMI

130

136
181

138
184

108
109

118M

117

117

100
99

101
100)4

88

88

ISO*

180Jtf

98

Mar'00
J'ly '00

93

May'97

••«•••

133

Bh A L B lit gfia. .1940
litoomolgold 5i
1943
AWeit lit g 4a... 1917

JPM A

Cooertfa

...,

Y A Aihlitcon 511937.

Reading Co gen g

4a.. .1997

1997

•

A-O
J-J
J-J
M-N
J-J
J-J

I

130* Mar'00

•*•••

J'ne'00

111

Oot.'98

NOT'98

•••tee

100
Sale

S9

8** 93

Dae May.

1

Dae Not

»>

U8*llStt

Jan-'OO

99* 101

100

99*101*

J'ne'00

87*
88* 204
84* Deo '99

88

98*
98*
86* Mar'00

94* 100M

10

85

809*

86S2

a Theae ere option aalea.

FERRY

Alk
Electric Companion. Bid.
Ferry Co »» >»•General Mleotrio Ct N Y Stook Kxob
Kerry Companiea.
Do pref.— Sm Boiton L lat.
Brooklyn Ferry-^took
Hartford (Ct) BleoLt Co. 160
•at
Bonda 5i— See Stock Bx
Mo Bdlion Bleotrlo
19
Metropolitan Ferry— 6i
17
Do preferred.
68
N Y A N J FeiTT— 8toek.
69
Narragan. (ProT)HlCo.50 t 91*
JA
lit 6l 1946
Rhode Iiland BleoProOo. 119
N Y A B R Ferry-8took
United Blectrio of N J...
80
1933. MA^
Bondi Si of
4i 1939
73* 74* H iboken—Stook
United Bleo LtAP Co pref SMBal tolliv
lat 6a
Con. oi
4*4 1989— Sm Balto 11 it
Wooniooket (B I) Bl Co.
JAno intereit. tPrice

—

1

J'ne'99

115* Mar'00
101*

97

..»».
..... ...

a • a • • •

..... ..»*•«
..... .....a

90

100

81*

Not'97

1 . 1 a *

87*

.

Dne June.

Jan.'00

131

90
113

Kenaaelaer A Par. Sm D A H.
tlth A Dan. Sm South Ry
Bio Gr Weat lat g 4a. , . 1939 J-J
Dtah Cent 1st gu g 4i.l917 A-Ot
|

83

107*

A-O

MoRee A B V lat g 6a. 1918 J-J
P A F lit g 5l
1916 J-J

Mtti

May'00

100* Apr'00

98
137

•

41

•••••*

110
Feb '00
Apr'00

*11E«

fltti

* Due July.

<fc

165

183*i

10

.

BegUtered
1

69
68

95
75

139* ntti Ft A Ch. Sm Penn Co.
109* mti Juno lit g 61
1922 J-J
104* ntU A L Brie—3d g 5a 1938 A-Ot
120* •ltUM0KAYo-lBtgu6i.'32 J-J 138
Id guar 6a
188
..1934 J-J 133*

ib'i" 105*

126

105*,
106)3

.....

A-O*

DeoAB latg6itr reo.'20 J

BTaniDlT litg6itrreo.'30
103*
3d g Si tr reo lit pd.. 1936
103*
116* ^eo ABait. Sm O O C A StL
aeoAPekUnlitg6i...l931
114*
*dg4*a
111*
Feb., 1931
110* *lne Creek reg guar 6i. 1932
'ltUClnAStL. 8m Penn Co.
181
POOAStL. Sm Penn Co.

Apr'99
• *

108

"75'

GrBAIexlatgug4*a.l94l J-J
111 J'ly '00
01 A Mar lit gu g 4*a.l 935 M-N
112* Mar'00
DBBBABgelitgulig.'Se F-A ••»•- MMI
AUegh Yalgengng 41.1942 M-S*
103 NOT'97
Sun A Lewli litg 4I..1936 J-J 106
UNJBBAOan gen 41.1944 M-8
117 May'00

•itti

»

on* 09U
97* 87&

180^

1940
1942
1942
1945

Cguar

•ltti

10«"

188
138

117

A-O »116*
A-0 110*
M-N
SerleiD 4iguar
M-N
Series E guar 3*s .1949 F-A •101
Pitta Ft W A O lat 7a. 1912 J-J
SerieiA.

•to

'

• • • •

114*

99

101

J-D 109 109* 107
108*
A-O 108*
103* May'00
M-N

J-J
J-J
M-S
A-O
A-O
M-N
Gengug4*ner'iA.1942 J -J
SerieiB.
1942 A-O
fceriei C 3*s
1948 M-N
rie A Pitt gu g 3*i B. 1 94 J-J
SerleiO
1940 J-J
N A CBdgegengng 4*a.'45 J-J
PlttiCin A StL lit 71.1900 F-A
BegUtered
1900 F-A
P O C A St L oon gu g 4*i-

fnttiCleTATollitg6i..l922

139*
106*
108*
119*
• • • •

110
139
130

leb'97

115* ftnaaoolaAAt. SMLANaah

Electric Companion.
Allegheny Co Light Co..
Bruih Slectrlo Co........

100

J'ne'00

M»

•

130
118
335

100

'

3

108

J'ly '00

.

Teleg Telep

US*

RlTerRR

General gold

Beriei

Alk.
117

187
188

• •

117* Aug'w

(Given at joot of 7 consecutive pages).— TEL., ELSC.,

Telec.

I

18"*

Coniterlingg 6a
1905
Oon ourrenoy 6a reg. ..1905 Q-MIl
Cong Sa
1919 M-S
BegUtered
1919
Oong 4a
1943 fe N

J'ly '99
J'ly '00

108* ^06*

183

11

A Mont. Sm N.Y.Cont.

hlo

SerteaBgnar

00

• • •

125
188

4* J'ne'00

180*

ili" i'lT

SmSYC

90

101*103*

theae are Uteit bid end aaked thla week.

115
Bondi
90
Hudion River Telephone 116
Internatlon Ocean .......
116
Mexican Telegraph. ...... 315
Mexican Telephone— Sm Boito
New Sng Telep— See Bon on Hit
aorthweitern Telegraph
NY AN J Telephone.... 183
160
•1»»0
MAN 111
fmolflcA Atlantlo
75
ProTldenoe Telephone
95
Southern A Atlantlo.
96
.

Jan-'OO
Jan.'9S

80

OUT8IDE SECURITIES
Goia

1

102* 108
105* 107*

J'ly '00
J'ly '00

138
137
10S
108

M

It

M«l||

117

.

129* Apr'00
105* J'ly '00
103

M-8

B W AOgoon litext5i.'32 A-O*
BWAOTB litgugSi.18 F-AI
M-N
Utica
Blk
A

,

S -J
J -J

OiweABSd gag Si.. 1915
N Y Ohlc A St L
BegUWed

36

109

• » • •

MihonO'lBBlit 5i.l934 J-J
Mtoh Cent— lit oon 7il902 M-N 107
lit oon Si
1902 M-N 108*
6i
1909 M-S 180*

1933

.

.

10

114

•••••

104* Sale 108* 104* 183 108*
103* 103* 104 J'ly '00
101
66* Sale 66
68* "59 65
68*
86* May'00
138
131*
131* May'00
1*11*
132 J'ly '9H
"88* "93* 88* May'00
88*

Gtd3*iooltruitr«g.l937
C StL A P litoong 6B.1932
BegUtered
1932
OJey A Pitta oon a f 7a 1 90

J'ly '00
Feb '00

103

Reglitered otf

Ore A Cal. 8m Bo Pao Co.
Ore Ry A Nay See Un Pao
Ore BR A NaT See Un Pao
Ore Short Line See Cn Pao
Oiwego A Borne.

J>ly '98

107*

F-A

"

1931
1931
1940
1940

113

Wain Cent lit g 4a. 1948
Nor Pao Ter Co lit g 61.1933
Nor Ry Cal. 8e* So. Pao.
NorWU. 8*4 OSt P MAO.

8fiubildyg6a
1910
Penn Co— On lat g 4*i 1 931
BegUtered
1921

KAAGB lit g o 5i.l938 J-J

BegUtered

M-h

M-N 130
A-0 136* .....
F-A 130 133
A-O 97* Sale
A-O
A-O
J -J 1C6 ....
M-N 101 101*

204'!

OIndAW. SMOOCAStL.

J-D

.

4s

gug St.. ..1982

to of MUiourl. Bt$ Mo Pao
Panama lit if g 4*i....l917

J'ne'98

NYAPutlitcongug4i.'93 A-O
Nor A Mont litgug5i.'16 A-0
West Shore lit 4igu.3361 J -J 118 " Bale" 112
112
BegUtered
2361 J -J 111*113* 118
113
Lake Shore oon lit7i. 1900 J-J
!••••• 108* J'ne'00
BegUtered
1900 Q-JI
101* May'00
Comol 3d7i
...1903 J-D 112
118
113
BegUtered
1903 J-D 118
111* J'ly "00
Gold 3*i
1997 J-D 109 110
109* J'ly '00
BegUtered
1997 J-D • ••Ml '••••* no* Mar'00
ClnA8 1*tgL8AM87i'01 A-0
108* Deo '97
Det Mou A Tol lit 7sl906 F-A 130
119* J'ne'00

5b

Small

OCATli

Nor

J'ly '00

106

.

1986

1996
199P

100* 100* O O FA St P. 8m C A N W
104* 1U7* PaoCoaitOo— lit gSi.1946

J'ne'00

108*

latifPitgug4uerA.'40 J -J
94
Small bondi leriei B. .'40 J -J
Gout A -)rwelltgug5i.'42 J-D
Mob A Mai litgu g4i.l991 M-S 107*
N J Jono B gu lit 4i 1 986 F-A 105
BegUtered

5a.... 1941

BegUtered

Om AStL

t t •

.

1930
1036
BegUtered
1936
Cart A Ad lit gn g4i.l981
Clearfield Bltum Coal Corp

g

.

106* May'00
109* Sep.'97
101* J'ne'00
104* Feb.'99
102

102i*

•

50 185* 190
185 18»*
183
188

AW

110* 110*

Lake Shore ool g 8*i. 1998 F-A
98* Sale 98*
98*
BegUtered
1998 F-A
97 J'ne'00
Mich Cent OoU g 8*i. 1998 F-A
97* »•
98 J'ly '00
BegUtered .,
1998 F-A
95 J'ly '00
Beeoh Ork lit gu g 4i. 1936 J-J 109* Mt«et 110 J'ne'00
Kegiitered
3d gu gold Si

lat

A Weit— Gen g 81.1931
New Blyer lit g 6
1938
LmorrmtAext g6i...l934
N A W By litoong 4i. 1996

Reglitered

,

1884-1904

5i of . .1889-1904
Debenture g4i.. 1890-1906
.

Nor A South

• * •

,

....

NYAPut. 844 NYC AH.
NY ABB. Sm Long III,
N Y S A W. 844 Brie.
NY Tex AM. BMSoPaoOo

StP*NPgeng6a...l928
Sale

oot.'o;

us

VAN Blitgug4i.l989
93
94
ai 105* 105* North Illlnoli. SMOhl A NW.
118*113 North Ohio. 8m L Brie
Northern Paolflo—
Prior Hen r A 1 g g 4i. . 1997
57 109* 113*
BegUtered
1997
110 110*
34
3047
77* 84* General Hen gSi

Sm B A O
Moat Cent. Sm St P M A M.
Morgan'! Da AT. S«8POo.
MorrliABaaex. Sm Del LAW
NaahChatAStL lit7i.'13 J-J
138* J'ne'00
8d6l
1901 J -J
1C0* J'ly '00
*105*
1938 A-0
lit oon gold Si
106* J'ne'00
liteiTAPb
1917 J-J 109 ..... 111 Deo '99
lit6lMoMMWAA1.1917 J -J
lit gold OiJaiper Boh. 1933 J-J
113 Deo '99
NMh Flor A Shef. 5m LAN
NewHAD. SmNYNHAH
NJJunoBB. 844 NY Cent.
New A Ctn Bdge. Sm Penn O^
NO&NH prior lien g 8i.l91 4-01
N Y Bkln A Man Bh. 8*4 L I.
N Y OentAHB lit 7i„ 1903 J -J 108
111
May'00
RagUtered
1903 J-J 108
108* 108*
1997 J-J 109
(J 8*1
109* 109* J'ly '00
BegUtered,. ........ .1997 J-J
118* Apr'99
Debenture 5iof. 1884-1904 M-p 107* !*•*•> 107 J'ly '00
BegUtered

104*

189
190
190
Small oertfiSlOO
••
t •••
189* J'ne'00
Houiatonlo B oon g Sa.1937 M-N '187
183 Apr'00
N A Derby oon 5a. ..1918 M-^
.;.;;
NYANBlit7l
114 Jan.'OO
....
1905 J-J 114
110 ....
lit 6i
113 J'ly '99
1905 J-.?
N Y A North. 844 N Y O A H
N Y O A W. Bef lit g 4I199S M-8; 106* 106* 106* 106*
Begli 96.000 only... 199i M-S'
101*NoT'9t<

Solo

J'ne'00
Jan.'Oo

110*

101*

94

31

94

lie*

Monongahela RIt.

Reg deb

NYLBAW.

Norf

106

114*131*

4

tl8

78*

93
98 3
88

98*

J'ly '00
J'ly '00

10^*

88

A Alt

Mob ABlnn priorlieng5a.'45 J-J 110*

1st

161

a

110

AW litg5i..'36 M- 8
Ohio

Mill BIT Bdge.

26

Last Sale.

NYLaokAW. SmDLAW
8m Brie.
111*116* NY ANN. SmNYNHAH
93
99* NYNHAHart litreg4a.'08 J-D
OonTert deb oerti $1,000
A-O
138

96

Week's

Range or

Ask Low. High No. Low. Hick

Rid.

N Y A Green w Lake. Be* HrW
122* 123* N Y A Har. 8m N Y O A Had.

105*
112* Apr '00

'

Price
Friday,
July 27.

2.2

H

94

Genoonry Aldgrtg 5a'31 A-0 110 Sale
110
Goo oon itampgtd g Si 3 A-c
1929 J-J
79* Sale
Unlf Aref gii

BONDS.
N.T. STOCK EXCHANGE
Week Ending July 27

173

3.

.

93

107

.

'

95*

Page

(5 pages)

No. Low. High

fit

lit and refund. 4I....1949
Mln *8tLgu. SmBCBAN
M & P lit 5i it 4i lnt gu..'36

PRICES

Bid.

17*

do
Alk

SO

Hit.

108

111

105
68
{ 93
63

lOt
67
94

lilt

11*

93

98

...-•a

70.

per ih art

6
9

'

THE CHRONICLE -BOND

174

Range

BONOS.

since

N.Y. STOCK EXCHANGE
Week Ending July 27

Jan.

Latt Sale.

Low. High

Ask. Low. High,
104* 105 Not'99
75% 77
77 J'ly '00

Bid.

102

BochAPitti. SteBBiP.
Borne Wat. A Og See NY Cent.
Salt Lake C litg if 8i. .1913

-J
-J

tJo&GIlitg S-4s...l947
St L 4 Cai. See Mob 4 Ohio,
at L 4 Iron Mount. See M P.
8t L K O 4 N. Bee Wabash

81*

71

81

81*

85

113
113
118

132

110
113

133

108*

96
•105

93
105

W

89*
58*

3d
Gray's Pt Ter litgu g 5i'47
Bt Paul 4 Dnluth lit 5s. 1931
1917
2d 51
1st cog 4s
1B68
Paul
4 Man 2d 6s. 190
fit
litoonsolgold 6s
1933
Beglitered
1933
tteducedtogold4*s 1933
1933
Beglitered
Dakota ext gold 6i. .. .1910
Mont Hit lit gold 4l.. 1937
1937
Beglitered
MlitdlTlltg6i.,.1908
Beglitered
1908
Nordlv litg 4i.... 1940
Registered..... 1940
Minn Union lit g6i... 1932
Mont C lit gug6i.... 1987
Beglitered
1937
lit guar gold Si
1937
Beglitered
1987
Will 48 F litg S
1988
Beglitered
1938
Nor Pao. 8m Nor Pao
St

1

J'ly '00

Oou'97

89*

124*
•118*

130
110

100*

,

118
184

71

59

88*
58*

Sale
Bale

•100

M

122
106

125

58

Feb '99

111*
97* 100*
117* 121
137
142*

Apr '00
100* ion^
117* J'ly '00
140

109

104

118*121*
102* 105

Jan.'99

108* 108*

Apr '00
134* Apr '00
128

180*

US

iie"

128

120

M-8

90
78

•
•

W

93

79*

Sale

Bale

•111

M

"109
81
128
*1S6

J

A

...
...
...

184

99

3

lstg6s ..1905 A
6sierB..1905 A6s
1908 A6s
1912 A
lit oon guar g 5s.. 1937 M
1905-37 M
Stamped

gu g

4i. 1
.

1

119

J-

*

••••I
•

«

•

<tm nun
• * *

s

mil

iiiiii
•••••<

1*0

101*

i

Mlecell*neon*.
98
Ackor.Mer A Con 6s 190R
Amalg. Copper— See Bost on Lis

Am Agrioul Chem— See rf
Amer Bank Note Co... 50
Amer Btoyole—Com
Preferred.

Bonds

5s

MAS

i

t

119

1
1

110
1

25
10

Aug'99

58

69

J'ly '00
J'ly '00
J'ly '00

105
105
95

114*

13u*

J'ne'00
81
J'ne'00

78

90
84

110

180*

99
106

J'ly '00

108

107

105*
105*

J'ne'00

110

118
113
101

IIS

100
90
81

83

n»y"

1

1947

.1

Sale

118

108*

84*

Aug'99

-.1

Non-oum

lno

A 5s.

J-J
J-J

102
111

.1946 Sep.*

.

May'97
112

106

111

J'ne'00

68 110* 115*
106 106

75* OoU'99

Oct.*

M-N 116*

Sale

116*

10S*

92h
82*

S3

32%

US 118*

18

104
J'ne'00

88

116

98* 104
94*
80
48*

83

110

110

108

91
111

Apr'00
May'00

91

U8*
94X
82*

118

98*

109* 118

118*
94*

66 110

ISO

68* 95*
22)4

85

88*
99%
98*

105
100

J'ne'00

98* 102*

SmNTSAW
Winona 4 Bt P. SmOiNW
WliOent50-yr litgen4i..'49

J-J

87%

113

Jan.'99

88*

88*

108H

J'ly'00

98*

102v.
J'ly '00

102

87*

Sale

25

89*
110*

107
17

88

103%

12

98*

87

72

Cn Bl lit g 4-5sl 950
A 8 Ry Bait lstg 5s 1922
Oen Con Tr Co litg Si. .1933
Den Tram Cooong 6i,1910
Met By Co lit gu g 61.1911

F-A

96

108
110
116

Not'99

99*
98*

Sale

90*

98* 104

95

98

97

95

97*

J-D
95
A-O
95 J'ne'00
J-J
J-J
101 104* Lonli By Co litoon g5i.l980 J-J
109 Mar'98
110 114* iarket StO By lit g 6s.i9 13 J-J
iet Bt By gen tr g 5i. 1 997 F-A 118* Sale 119*
109 110
IIP*
BwayA7thATlltOg 51.1943 J-D
121
120* J'ly'00
Beglitered
1943 J-D
111*119
0olA9thAT lit gu gSi.1993 M-8 125
117* 119
125
125
Beglitered
1993 M-8
105)4 105*
Lex At APF litgu g5i.'93 M-8 124*
104* 109*
125
Beglitered .,,,
95
99*
M-8 Mill
Mill
•••
MetWSBl(Chlo)litg.4g.l9S8 F-A
98* 99
98* J'ly'00
Beglitered.
1938 F-A
116*116*
illalUyALSO-yTgSi.1926 *<-A
100
110
106
Oot.-99
linn 8t Ry 1st oon g 5s. 919 J-J
109
Oot.'BH
% Paul City Cab. eg 5s. 1937 J-J
10 114
115 J'ly'00
Guaranteed gold 5s... 1937 J-J 112
99

80*

101* 108*

Jan.'9»

City

18

.

•

» •

» «

117* 180*
118* 1S8*

88 188

186

188

185

l'3

t •

*

J-J
134
184 J'ne'00
A-O 108*
109* Deo '99
M-N MUM •»•»••
M *I«S«*
40-year oon g 5s
1936 M-N ••MM ••
Itwwl
99 Dee '97
GAS A BLBOTBIO LIGHT BON DB.
Atlanta G L Co lit g 5i.l947 J-D
Bos C Gas tr otii f g Si. .'89 J-J
99* 102
91* Oot.'P8
116
Bklyn C Gas 1st oon g 5s.. '4 M-N
115
115* 115 J'ly'00
101* 108* ChGLAOCo. SmPGAOCo
Columbus Gas lstg Si.. 1933 J-J
114*117

108
116

189

•

• • I 1 •

May'00
Jan.'OO

114

120

108*112

124

May'00

J'ly '00
101)4 J'ly '00

108
105

neo'HH
J'ne'00

Oon Gas

Co.

96* 98*
•

••••

• • t •

*

this

week,

t

Bonda due Amg.

(Given at foot of

Mleoellaneoue. Pat
American Chicle

Co...,

Pieferred

Bid
65

79

84

American Ginning

97

\nier Graphophone... .10
Preferred
10

Amer Mutoieope
Amer
t-

iton Llit
60
46
e*
A
89* 80

81* 86

Due July.

*

Press Assoo*n.. 100

amerloan Screw

Amer

11

12*
"70"

950

Shipbuilding ..100
Preferred
100
Am Soda Foun—Com. 100
lit preferred
100
Sd preferred
1

15

85

7

I

95
100

n*
18
80
65

85
100
8
48)4

10*

•

»ii

• •

• •

116

117* i'S6%

M

• e • e

M

••••t •••••«
»••••• IIIIII

.••••I ••••••

114

Due March.

1

Due Jan.

118

98

100

•

Bonds 61

FAA

vm Typefo'rs— Stook.100
Amer. Woolen —Com....
Preferred

Vmer Wringer oom,..100
Pref

Amer. Writing Paper....
Preferred... •*•.••.•.
5s

Due Not.

I

Arlsona Lead.
Asphalt of Amer.

Bee

P

54

58*

18*

14

hua.11

• e e

May '89

• •

•

31

71

RY

Barney A

8m

Car

it.

100
100

—

Columbia Copper
-ellalold Co
100
wnt Flrew'rki—Com.100
Preferred

{

And

•

III!

—«»«

MISCELL'S,

<§

Preferred
lergu A Bng Br lit 6s...
Illii Company Com.. 50
Preferred
50
'ond A Mort Guar... 100

4

IS*

•••
it*

• •••< unit
••••• ••••••
•••••• ••••••
• <•<• IIUM

o These are option sales.

British

SO
76

te

Mtecellaneoua. Par.

Aik.

2
ie

efjtl

* t

t

•

205

74*
19*

»••

Oot.'99

!••• 111

900
80
100
70
107
118

*•••••

IMM
97*

••••fl

Bid.

50
vmer Strawboard.,.,100

31

••••
••««••

consecutive pages).— FBR
vmenoan Surety

95*
99* Not'99

95

Bale

97

A-O

Aik.

68
75

HI

SmPGAOCo.

Detroit City Gas g 5

Registered

and asked

• •

t 1 •

1988 J- 3
Det Gas Co oon litg 5s. 1918 F-A
111 Bkn. See K Co BLAP
119* 124* *Sd Bl
118 124
Bd Bl 111. See N YG A BL HAP
'37 A-O
119 126
KlngsCoEl LAPgSs
101
Purchase mooRi
1997 A-O
101*
Bd BlIlBkn-lstoong4s.'S9 J -J
i'0'2" ib'i'
1940 A-O
litg 5s

190*

133

1

Bid. Alk.
Ferry (iomianlss.
8a
bO
A 33d 8u Kerry
108
lit mort 5s 1919... JAD {105

MAN

111*

194* May'00

'120*

10th

1930

no*

105* 283 101* 106*
108* 105*
OreBy4NaTlitiig6il909 J-J 109 110 110 Apr'00
110 110
Ore RR ANaT oon g 4s. 1946 J-D •102X 10?* 102* 102* 60 100* 104%
Ore ShortLlne 1st g 6il922 F-A 128* 180 128* 12£*
3 126* ISO
Utah 4 Nor lit 7i
21 Mar'9»
1908 J-J
Beglitered.

.

120

OUT8IDE SECURITIES

lit Si

106*
105*

108* 10P* 193 ^06 MR* Third At lit gold Si. ...1937
107* 107* 10 1"7* 107* UnBl(Chlo) lit g5i....l945
109* Apr '00
108* 109* W Chio Bt40-yr litourSi.'SB

•••«*<

1927 A-•O|»104
Bo Oar A Ga lit g 5i. 1 9 H ~I -N 104
Atl A Tad lstg gu 48.1949 A- OI

83
98

111*
119

Sale
Bale

Si stamped

Union Ferry—St ook

1

3

iis" i'17" 117 May'00
116* 116
116
110*111* 111* Jl'y '00

.

latest bid

30

108* May'00

.

;

76

112* Aug'97

B Ten reor lien g 4-51.1938 !YI
Beglitered
1938 M
Oi Pao By lit g 6s. 1922 J
Knox 4 Ohio lit g 6s 1925 JBloh 4 Dan oon g 6s .1915 J
Bqulpslnk fund g 51.1909 M

Friday

J-J 110*
A-O 111
J-D 99*
A-O
J-J 81*

W

99
78

J'ly '00

Sale

106

BT

Bo prioe

Nov'99

75*

108* Sale
107* Sale

1994
1994
Beglitered
Mem D1t litg 4-4*-6il996 J 1998 J Beglitered
Ala Oen B lstg 6s.... 19 18 J.
Atl A Oh Air Line lno. 1900 A
Atlan 4 Dan lit g 5s. 1950 J
J
-Col 4 Greeny 1 st 5-6s. 1 9 1
Va A Ga 1st 7s.... 1900 J DlTislonal g 5s
1930 J 1956 MOon lit g 5s

•

114*114*

Not'99
112

May'00

1

lit oon g Si

.

111

10 109

'.','.'.

937 J-

Southern-

Deb

HI

Jan.'00

51* Not'9*

8TRBET RAILWAY BON DS.
111*
Bklyn Rap Tr g 5s
1945 A-O 103 104
111*118
"i
Atl Ay Bklyn imp g 5sl934 J-J
88* 87
BkClty litoon 5i.1916.'41 J-J •110
120* 120*
BkQCo48oongug5i..'41 M-N 99* Sale

110

105* Jan.'00
•106* 107* 106* 10~*
97*
87*
76"
116* May'00
•1*05" ioe
105
105*

Gila VG4N 1st gugBi 1924 M
.NoofCal lit gug6s... 1907 J
Guaranteed gold 6s.. 1938 A

.

84

109!*8aie
1 1

lit gOi.'ll J

.

98*

Deo '98
106*Not'97
103
109*
118* 112*
'108* 109* 109
109*

Oal
lit gold
lit gold
lit gold

lit

76

103*

•

BPof

P Coast

117

68

Iitg6itr.l916

OtloaABlackR. 8*4 NY Cent
Ver Val Ind A W. See Mo P.
lrglnlaMld. Set South Ry.
1939
Wabash litgSi

116

.

J

7B

•

TlliNO

A4N WlitgugSi.1941

T8tL4K0

128

Apr '99

111* J'ly '00
84*
84*
130* Feb '00

....

•

SPacof N Mez

.

Bklyn

Ore 4 Oal 1st gtd g 5s. 1927 J
8A4APasslstgug4s.'43 J
1st 7s
1905 FSabine dlr lit g 6i. 1912 M

TJ

W litgold 41.1917

B 4 ool trl 946
129* 134*
OniNJRRAOOo. fidPaRB
118*118* Utah Central. 8ee Bio G W
Utah 4 North. See Ore 8 L.

Apr'97

99* Bale 99*
•109*110* 110

J

NT T 4 Mexgu litg 4i.'12 A
Con g 5s
1943
GoPof Argu lstg 6s-'09-l0

Peo4

rol

117

111*

W

81* 82

1937 J
191* A
1921 A
1918

.

87

114*119

117

107

65

trait

•

»fe*

GalHar48Alitg6i.l910 F
8dg7s
1905 J

lit 7s

5i,

Co otii. .,,,..,.
litgSi
1935
Weit'ndlr litg 5i.... 1935
General gold 5i
1935
Kan 4 M lit gu g 4s ..1990

111

87

NT

100^

FP-

1949
Mort guar g 8*i .... 1929 JBeglitered
1929 J-

4s lntgtd

Bng
Tol4

111*

2 109
10 108

111

118* J'ne'99
114* J'ly '00
111

• e e • •

Dee. .3000 Moh.

110
J'ly '00
J'ly '00

117

3d gold Si
1939 F-A 104 Sale
Debenture lertaa A.. . .1939 J-J
88
Series B.
32
112 J'ne'00
112 112
1939 J-J
litg Si DetAOhBxt.. 1941 J-J 109* .....
126* Jan.'00
125* 126*
Des MoinDiv Iitg4i.l939 J -J
90
123 Deo '99
StOhai Bridge Iitg6i.l908 A-O 111
• • ••
Warren BB. See Del L 4
85 May'00
85
85
Wash Cent See Nor Pao
Waih 04 W. See Southern
104*Feb.'9S
WestNY4Pa litg Si. 1937 J -J 118 118*
Geng3-4i
1943 A-O
94* Sale
Inoome 5i.... April, 1943 Not. 32
34
Weit No Car. See South Ry.
West Shore. Bee
Cent
78%
79* 162 78
85* WVa4Pitti. SMB4 0.
VaGent4P litg 61. 1911 J-J
85 Not'99
*87
100
100*
87% 100* Wheel'g4L B 1st con 4b.'49 M-S 87* 88*
99% J'ne'00 "85 99* 99% lit g 5
1986 A-O 108* 110
Wheel DlT lit gold Si.1928 J-J 102* 104
82
83
81
86*
Bxten 4 Imp gold Si. .1930 F-A
99 100*
110 May'03
110 110* WUkei4Bait.
Wll 4 Bloux F. Bee St P M 4 M
106* Feb '00
106* 106*

. .

Geng

117*

,

1926
Beab 4 Boa 1st 5s
Car Cent lit con g 4s. 1949
Bher Snr 4 So. Bee M K 4 T
Sod Bar 4 So lit g 5a. 1924 J-J
So Car 4 Ga. See Southern.
Southern Paelflo Co—
Gold 4s Cent Pao ooL.1949 JRe. lstered
1949 J-

Oong6ilntgtd

87

106* NOT'99

•121

litoon g6i.l934
1934
St John's Div lit g 4s.. 1934
Brana 4
lit gn g 4i. 1938

Morgan'iLa4Tlitg6i.'20

8d gold lno.

OoU'99

93

J-D
A-O •118
F-A 114*
A-O HI*
Tex4P By Bdly litg 81.1905 M-8
107
lit gold 5s
3000 J-D •111*112

Non-eu lno

11894 J'ne'00

119"

litg St

litgoilnt gtd

L 4 N.

Low. Sigh

Jan.v99

110
111

Sale
Sale

1

1.

1

SarF4 W

Mex4Paelitg....6i'3l

S«*

Jan.

Ask. Low. High.

M-N 110
M-N 111
F-A 90
J-J 115*
J-J

1

108* Apr '00

0m8oPm.Go.

3ous4TOlstW4N7s.'03

SAN Ala.
a

Gold Si
1936
Ore 8h L— litoon g Si. 1946

SF4NP 1st if g 0s.. .1919

Beglitered

5s

since

Last Sale.

102

J-D
Tor Ham 4 Buff lit g 4s. 1 946 J-D*
112*116* Uliter4Dellitog5i.l928 J-D
n Pao— BB 4 gg 4s 1947 J-J

J'ne'00

137* Feb '99
113* 114% 114
114
106* Mar'98
118*
118* May'00
102 103* 103 J'ly '00

108*

93*
53* 66*
85

PA

CPaolit lefgug 4i.l949

F

1936
Gtditamped.
1936
lit0T * n *«- 1 824
S°A,^ litoon g 61.1914
Weit N O

Range

Week's

i'0'9"

.

So. Bet Illinois Cent.
1st g 4s bdofi.1989
S
g4slno bond otii.. 1989

W

5s

3pok Falls ANor litg 61. 1939
Sunb 4 Lew— See Penn BB.
26
113* atatlil By litgu g 4*i.l943
Syra Blng 4 N Y. See DL4W.
103*104
e# e
Per A of 8tL litg 4*i.'39
84
79
1
A litOongold5i.I894-1944
98* 100
St L M Bge Ter gug 5i.l930
95
91
Tex 4 N O. 8m Bo Pao Co.
10

108*
•103
104 Apr '00
81* 81* 81*
81*
100* ....„ 100 J'ne'00

Bouthw D1t litg 5i.l947
CentDtr lstg 4s. ..1929
Ft 84 V B Bdg litg 61.1910
Kanias Mid lit g 4s ... 1937

118*

111*113*

111*

188

111

if

LXXI.

Range or

A 6i.l906 M-8
1911 M-8
1918 M-8
1931 M-8
1921 M-8
1926 M-8
1926 M-8
1931 M-8

m

Noy*99
119

111*

Sale

107*

StL4 8FBBg4i....l996

Soloto Val 4 N B. St* Nor 4

B

Small

A

8A4AP.

Small
Series
Series

1906
3d gold 6i Class
1906
3d gold 6l Class B
1906
3d gold 6s ClassO
lit g 6s Pieroe
4 0..1919
1931
General gold 6i
1931
-General gold Si
1987
lit trait gold 5i

StP &8'xOity.S#«08tPM40
8 Be Pes 4 Ph lstg Ss.1942

Virginia Mid ier
Series B 6s
Series C 6i
SeriesD 4-5i

[Vol.

4.

Price
Friday,
July 2 I.

8-S

Bid.
-Southern— (Con)

81

GenSl

StLMBr. SwTRRAofStL
<3t Louis 4 San Franoisoo—

L
«t L

81*

Bale

1.

Page

(6 pages)

Week's

Week Ending July 27.
Rio GrJuno lltgug 51.1939
Bio Gr So lit g 3-4i
1940

PKIOES

Range or

Price
Friday,
July 27.

BONDS.
81. Y. STOCK EXCHANGE

St

5

'

interest,

,

t

Bid.

16

98
95
79

90

«8H
68* lUM
_

310

10*

315
*
•

A A

100
18* SO
60
5?
96

100
Price p er eke

re.

.
.

July

9

.

'

THE CHRONICLE —BOND

2*, 1900.]

Price

Range or

July 27.

Last Sale.

Gas AEleo BergCo o ng5V49 J-D
Gen Bleo Co deb g 5s... 1922 J-U
Gr lapGLCo lstg 5s. .1915 F-A
K C Mo Gas Co let g 5s. 1922 A-O

103%

108

Lao Gas-L Co of StLl stg 5s' 1 Q-F*
Mut Fuel Gas Co See PeopGas

May'00

108

Bale

108% 11094
113
120%

108

N YGBLHAP..g5s.l94-< j-n 107% Sale 107%
194F J-D
Registered
92^ 9ale
92%
1 94 » F-A
Purch ase mon g 4s
Ed ElIlllstoonTg5i..l910 M-8 '08„109% 108%

106

107*

1995
lstoong5s.
Peo Gas A O lstgu g 6s. .1904
1904
8dgtdg6i
1948
lit oonsol g 8s
1947
Kef andlng g 5s
1947
Registered
g 5s'37
Ch O-LACke lstgu

Can Coal Mln. See T C A R'
learf Bit Coal. SeeNYCAH

110

I

58.1918
Met TAT 1st sfg Wn On
ut Un Tel Co. Bee

94%

91
108

108%
J'ly'oo
J'ly'00
10^9
J'ly'O

1st oon g 8s.

De Bardel C A 1.

See

.

.

1902

T C A I.

J-D
J-D
M-N
J-D
A-0
J-J
J-D
F-A

JeffAClearCAIlstg5sl92fi

8dg5s
RoohA PltCAI pur m
Sun Ok Coal 1st g

s f

1926
5s1 948

6s..l912

TennCoalTDiv Istg6sl917

Feb

103

....

91%

105
106

II

Blrm Dlv 1st oon 6s. 1917
Can C M Co 1st gu g 6s..'22
De Bar C A I Co gu g 6s. '10
Wh L B A P C Co «t a 5s.'1 9 J -J

101

104

1C4

33

Jan.'OC

103
deb g 8s... 1900 Qn-F
AmCotOU Mfg lstgSsl915 M-8 102% 103 102% J'ly '00
89
m Spirits
10t%
Am Thread Istooltst4sl919 J -J

J-J
A-0
1910
Steel Co deb 5s
PiNon-oonv deben 5s.. .1913 J -J
A-0
106%
Int'l Paper Co 1st con g 6s.' IN F-A
87*
KnlokToe (Chio) Istg5s.l928 A-0
Nat StarohMf g Colstg6sl920 M-N
.'40 J-J
Procter A Gamb 1st g 6s.

105

..1942
Grameroy Bug 1st g 6s..l92^

US

iS

13

89%

J'ly '00

103%

104

45

86%

118
10

7

J'ne'00

7a

75
111

102

?6%

As
46
17
80
3C6

10
55
5
30

15
66
7
35

85

Oonsol Rubber Tire.
Pref
Oorbin Cabinet Look. 100 385
Corbln (P. A F.) Co.... 86 t 85
90
Cramps' Sh A En Bldg.100
75
80
Match Co... 100 130 133
Diamond
Distill. Co. of America.
5
5
„ *
Pref
19V»
30
Kleotrlo Boat..,..
18
19
,.
Preferred
80
35
Eeotric Vehicle
17
23
Preferred
40
00
Empire Steel
3
11
Preferred
35
Brie A Western Trans. 50 I 50
Fidelity A Dep (Bait).. 50 1
400
General Carriage
6
7
General Chemical. ....100
68
65
.

100
96
Gorham Mfg Co-Com.100 110
Preferred
100 130
Havana Commercial
9
Preferred
37
Heok-Jones-J MlU-Pf.100
1st 6s 1932
MAS 75
ner'g-Hall-Mar(aast p'd).
Preferred (aast p'd) 100
Hoboken Land A lmp't.
6s
Illinois

EleoVeh Trans. 10

do
pref.
do bonds.

4?*
r.5

85
10

110
106
t

1%

International Elevat.100
Internafl Pump—Com..
30
Preferred.
88%
Internat SUver— See Stk. ExOh.

Do
Do

100

20

;.,.,

1%
90Vt

67
list.

35
90

fa5

53%

63%

100

2

4

JAJ
John B Stetson—Com. 100

45
95
115

130

Inter-State Oil

iron HUMuuDuat.
1901

•

»

Preferred
loo
Journeay A Burnham.100
3
Preferred
loo
80
Lanston Monotype.... 20
13
Lawyers' Surety
100 105
Lawyers' Title Ins. . 100 150
Lorlllard (P)— Pref... 100 100
Madison 8q. Garden— 100
6
3d 6s 1919
MAN 40
.

.

Markeen Copper....,
Mex Nat Construct'n, pfd
MlnneapoUs Brew 1st 7s

37

30

12%
110
170
i03
7
8

I*
113

*
*
*

10
110

Miscellaneous. Par60
Monongahela Water... 25
100
Mosler Safe Co
100
National Carbon
100
Pieferred
Preferred

A Stamping

Preferred

Gramophone.

.100
National Saw— Pref.. 100
National Salt

Nat'l

. .

Preferred
100
National Surety
National Tube See NYStk
National Wall Paper. 100
N. E. Eleo. Veh.Trans.. 10
100
Loan A Imp
Biscuit 6s 1911. MA8
New Jer Zlno A Iron. 100
N. Y. El.Veh. Transp.100
50
Nicholson File Co

NY
NY

Otis Elevator—Com.,
Preferred.....

A

•

W1100X..25

.

191

Ask

Bid

KM

Miscellaneous. Pat
Union Steel * Jham pref
Union Switch A Signal. 50

10%
41%
40%

40%
39*

114 J'ly'00
ent " for bond

Preferred
50
Union Typewr—Com. 100
1st preferred
100
3d preferred
100

100

16%

16

79% 80
"74

21

36

40

40
64
150

170

ilxch

list.

U. S. Cast Iron Pipe.
Preferred
,.

78

65%

Banks.
Brokers'

70

4%
70

85*

113%
7V»

794
•

29% 30%
88
87%
27

.

t

.

, .

•

Chain......

8

As.
36

Aug'we
8ep.'9*

131 " 191

Apr '00
107% 107%
109% Feb. 9

1
I

.

90% 90
7

..

Feb 'Q
Mar'00

111
130

4%

4

130

180
94
91
15
85

90

7%

96
96
9

OH

80

10

....•

..

*.«t

88
70
«« J'ly'00
August. aThese are option sale*.

& MISCELL'S.
Ash

Bid.

55
83
87
100
Pref
.100
U S Glass—Common.
3194 33%
100 101
Preferred
Va Coal fron A Coke. 1 00
4%
40
MAS
5s l«49
Westlngh Air Brake .50 tl80 181%
110
105
Worthing. Pump, pfd.100

89%
67% 79*
87% 38%
109
118

'*

106% 108%
io6%ioa*i

96% J'ne'00
96% J'ne'00
Bale

101

102

Jan.' 00

Miscellaneous Par,
U S Envelope— Com.. lOo

.

89

37%

8

•

•

Bid.

.

38%

Qu

Banks.

*.sk.

Brokers'

otati ons.

500
2 90

t

135

Brokers

otatio ns.

45

350

Domes. Bxoh
103
Bast River
40
11th Ward* 15o
Fifth Ave*.. 2400 2900
,

,

......

Atlantic Tr

Rankers' Tr
Bowl'gGreen

Manhattan* 265
Market A Fb 210

Otl.Rlty

335"

Continental

176

.

.

Vlannfaot'rs

Guaranty T> >00
«••
104

.

.95

95
190

100

185
170

ISO
180

Metropolis*. 5E0
Mt Morris*.. i85
*

Banks marked with an

aoorued

Int.

asterisk
*

675

100
150

.

•»••

•

>•<•

450
450
i350 1450
N Y Sec A Tt 750 ......
306
"tforth A m«r 3.0
....»
Produce Ex.. 195
300
Aual U»l l'r
StandardTr't 210
310
Tr.Co.of Am 205
193
Tr.Go.ofN.Y.
Trust 1300 1400
union
U 8 Mtg A Tr 400 475
600 .<•<•
Unit. States.
Washington 290

ULUTr

*

330

1

• • • •

BR'KLYN.
s

•

f Prtoe per share.

«

Metropolitan 185

.

Scherm'rh'n* 150
17th Ward* no

• •

MortonTrust 430

•

,

Manhattan
Merchants'

115

1
Mech A Tra*. 270
too
Merchants
Nassau ...... 385
26594 J70
Nat City
170
North Side*.
8' 6
195
People's*
.

•

811
300

ECnlok'rb'ck'

Mercantile

1

t-360

•

Farm Ln AT 1403 1495
Fifth Ave T> 435

.

380

••••

300
200C 9100
850

Colonial....

Brooklyn* .. 110
Sth Ward*...
••• 85
110
3th Ave*.... 100
300
First
Hamilton*... 110%
100
Kings Co*....
.

•

UAJ 360

335

345

.

•••

Central Tt'si
Olty Trust.

Meohanios*.. 400

Bedford*.... 210

*

900
•

106

BR'KLYN,
Broadway*

30494

180

33d Ward*... 100
Union 8q*.... <!25
West Bide*.. 375
415
Western
VorkvlUe*.. 235

.

.

CITY

190
150

»••••

Trust Cos,
N. Y.

.

i

105

130

State of NY* 128
1 2th Ward*..

.

120

.

170
410
Park
Peoples'* .... 230
100
Phenix
475
Plaia*
»»rodExoh*.. 185
Republio .... 315
Riverside*... 210
Seaboard .... 290
800
Second
180
Seventh
Shoe A Le'tb 100
300
State*

225
S800
14th Street*. 145
165
170
i74
400
Gansevoort*. 60
1700
German Am* 120
German Ex* -60
375
Germanla*.
Greenwich* 165
Hamilton*
145
Hano'i (new)
•• 435
Hide A L, u.l.j 130
Imp A Trad 6i5 530
Irving
182
190
Leather Mf r 210
310
Lincoln
775
Fifth

Mechanics'
Mech A Tra*
Mercantile
Merch Bxoh.
Merchants'

•

WaUabout*

....

too
Ninth
North Amer. 400
Pacific*

ns.

Cru otati

200
9prague
36th Ward*. 140
136
Union*

175

650
1500
125
ties

140

Bld.

Oriental* .... 185

525
3°0 310
3900
Citizens'
143
City
385
Colonial*.... 875
Columbia*... 190
Commerce...
381
....

Continental
Corn Bxob*.

Banks.

Ask.

19th Ward*.. ioo

Broadway.... 240
Butoh'sADr.. t-5
171

Chatham

Qu

New Amst.*..
NewYork Co
N Y Nat Ex..
New York...

Bxoh.... 188

Bowery*

Bid.

Mutual*
Nassau 4

N. Y. CITY.
America^ .... 450

Am

61

•

108% 116%

J'ly'00

130

Due

97%

596

68% Nov'99
84% Nov'99

1

issued.'

41

62

•

t

hen

97

1379

112% 116}.
113% 116|

pound

138

7%

Bid.
t

10

181

95
90
8994

118V

183

>*

11394

•126%

1919

I

ALB

A

134

nr

132% 137V

J'ly'00
J'ly'00

106% J'ne'00

Kan City So 3s fwh ssued'
Due May. I Due April. Bonds due January.

Pennsylvania Coal ..... 50 400
19
21
50
Pitts Bess
50
23% 24%
Pittsburg Brewing
42* 43
50
Preferred
2«% 84%
100
Pittsburg Coal
100
78% 8U
Preferred
159
Pitts Plate Glass...,. 100
19
»0
Planters' Compress ..100
45
50
Pratt A Whitn— Pref 100
450
100 430
Procter A Gamble....
HO
100 3U3
Preferred
1st 6s— See Stock Bxoh. list.
98
RoyBakPowpf ......... 91
25% 26
Rubber Goods Mfg
76% 76
Preferred.
73
95 t 65
Rnssell A Brwln.
186
Safety Car Heat A Lt.100 115
30
Seiooast Packing Co
65
•
•
Preferred
US
100 100
Simmons H'rdw-Com.
ISO
100 140
Preferred
.100 100
2d preferred
100 550 685
Singer Mfg Co
533
Standard Oil of N J.. 100 531
18u
Und'rg'd Cable. mo 189
Stand
Sloss-Shemeld See Stock Exch .list.
o2
Southern Cotton Oil. .60
45
40
StandardCoupler.com.
130
Preferred
Stat Isl R T 1st 6s'13AAO 107
JAJ 95
2d 5s 1926
65
50
8tlllw-Bierce A Bm-V.100
13% 15
Storage Power. ..........
100 101
101%
Swift A Co
103
1st 5s 1910-1914... JAJ 101
131
Susq Coal 6s 1911. ...J«J 115
75
85
Texas A Paolflo Coal. 100
AAO {10 '•%
1st 6s 1908
410
.100 330
Title Guar A Trust..
7
a
Trenton Pott—Com.. 100
BO
53
100
Preferred
60
Trow Dlreotory-New.100 60
8
Union Copper
9*

Union Steel

115%
13f%

H8%.

Virginia fund debt 2-3S.1991
Registered
6s deferred oertfs .........

.

Peck, Stow

lllf

at foot of 7 consecutive pages).— BANKS

Monongahela River Coal

Nat Enamel'g

108%
9 114
09 114

iirt

116

•105

Small

84
111

*

J'ne'00

118%

8794

111

119%

116

'07%

UNLISTED BONDS.
Atota Col A Pao 6s tr otfs....
101% 103% A ton J Co A West 6s tr otfs.

Apr '00

109

108%

109
103
105
123

Bo Carolina— 4%s 20-40.1933

105

71

10894 113

15

109%

116%

10

103% 105
100% 100%

110*

105
108
108

84
34

68

10%

receding.)

"i

109

1906
1906

v

oe

110%

.,

B 5s
C 4s

112

109

110

Q-J

—

10494 103

118%

84%

45
90

Preferred.

>

Distof Columbia— 3-65S.1924
Louisiana New oon 4S..1914
Small
Missouri— Funding. ..1894-95
Nortn Car— Consol 4S...1910
Small

107%

87% 95

J'ly '00

11.11

1

110

1

F

Small

8994

105

10

MS seventh v«
104 May'00
100% Apr '00

Q-M

. .

Currenoy funding 4s. ..1920

108

.....

J-J

GOV. SECURITIES. (For daily record
1*4% 105
2s 30-year refundlngt....
100
8 2s registered. .Optional
....
1918
8 3s registered
F 10 Bale
1918 - F 110% 111
8 3s ooupon
S 3s reg small b mds.1918 !- F
111
8 3s oou small bonds. 1918 !-F 110
1907 y-Jt 11594 116%
S 4s registered
1907 Q-J+ 11594 116%
coupon
8 4s
1925 Q132% 138%
S 4s registered
1925 Q- F 13390 .31%
S 4s ooupon
,
1904 Q- F ! l P 94 Sai«
8 5s registered
..1904 Q- F 11494 115%
S 5s ooupon
"
Vnli sted LievarVm
+ Prices are made in the

Class
Class

73% 79%

108% 104

80
80
50

JAJ
lstg 6s 1917
Oonsolld Car Heating.loO
Oonsol Firew'ks-Com.100
Preferred
100

.'04

. .

8s

)

Common— See St. Ex. list
A Hock C al A I, Yd

09% 114%
105% 109%

Apr '97

....

114

70
4s.
Chesebrougb Mfg Co. 100 345
Chicago A Alton RR 3s...
93% 94%
Chic A Al Ry 3%s w. i.
93
"85
Com stock ( wh issued)
52*
Pref (when issued)...
68
73
Olaflin (H B i- Ut prel.100 108
110
100 104
Id preferred
Col

118% 113%

Jan.'99

OUTSIDE SECURITIES (Given
30

J'ly'00

STATB SECURITIES.
Alabama—Class A 4 to 5.1906 J-J

..

1043< May'00
113V* J'ly '99

80

Bid.

F«b'°

118%

Oot.'9P

Sale 69891
Mexico » f g 5 of 899
b 97
6 These are prices on the basis of live dollars tn the

105

Non-cum tno 5s ....1907
ib'6" ioi' 101% May'00
1st g 4s.. .2397
104 Feb '98
2397
Registered
•Bo prtoe Friday; these are latest bid and asked this week, t Due July

:

*«*••*

...9

* .

101

U S of

85

68

Com Cable Co

Par,

••••

>iwi.

....a
.....

• • • •

Nov'99

FOR'GN GOV. SECURITIES.

100% 104

87% May'00

95

Chic Jo A St Yd ool g 5s. 19 15

Mieeellancom.

U
U
O
U

113
110
105
109
33

...... ...

89& Feb '00

10

9

Bk
k'nWsWH 1st 5a tr otfs.

Ohateaugay OreA Ir 6s '15
Ohas A O Grain El— bio..

••••••

Tenn— New settlem' 1 3s

•

Stan Rope AT 1st g 6s. 1946 F-A
1946
InoomegSs
EnYelCo 1st sf g6sl918 J-Jt
8 LeathCo s f deb g 6s.' 13 M-N
MI8CBLLANBOUB BOM DH.
Adams Bx—Col trg4s.l948 M-8
mDkAlmp5s. SeeCenN.'
In KerryCo 1 st con g 5s' 4 8 F-A

34

Jan.'00

99
70
106

110

C

U
103
U
95% U

109
103
105
104
32

MAN'F'G A INDUSTRIAL.

BarASCarCo lstg6s

C

D
D

'00

..... ..««..
• • • •

113
90

Northwestern Tel 7s.

58

103
10
90

104%
Feb

103%

1

58

10«

106

95%Jan.'97
* • « » •

to

19

-.1
109% gale 109% 109,
Fdandrea est g 4%.. 1950 M-N 136% 108% 106 J'ly'00
..1911 M-N
Mut un relsfa 6s.
109 May'00

100% 108%

'00

Low High

31
Oot.'99

118" Nov'99

110

U. 8.

92*

108%

99*

Vermont Mar 1st s f 58.1910
West Union— Ool tr our 5».'38 J

109
108
105

May'97
May'97

Baler 1C6

81
109

i

1.

8t

105% 105%

Jan.*00

107
80

Bale

. .

103% J'ne'00
58

81
*-

.*

US

F-A
ColOAIDevCogug5s..l909 J-J
1909
Coupons off.
Col Fuel Co gen gold 6s. 1919 mIn 102%
92
Col F A I Co gen s f g 5s. 1943 F-A
*1

Col

sine*\

Jan.

Ask Low. High. Ho

Bid.

S f AOntLand lstg8s.1910 F-A
No Westn Teleg. See West. Un.

I

104

Last Sale.

Week's

L Ter Cupples Station A
PropCo lstg 4%s 5-20 yr'17 J-D
S Yu ba Wat Co oon g 6s '38 J-J
109% 8p Val Wat Works 1st 6s. '06 M-8

107
105
103
103

Rang*

Range or

D 5S.1990
New pt News SAD g 5s cy "20 J-Jt
Y ANJTel gen
M-N

110
ll^U 180
07 107
10394 108
120% 137

J.J
107
M-N
J-D *103 106 103%
138%
A-0 ISO
106 Deo '98
M-8
M-8
*107% 109% 107 J'ly '00
J-J
ConGCoofOblstgug5B'36 J-D •105 109% 106 J'ly'00
BqGA FCh lstgug6s.'05 J-J •102 103 103 May'00
U5 1C3 J'ly'00
Mu Fuel Gas 1st gu g 5.1947 M-N
103 Dec '99
Trenton G A HI 1st g 58.1949. M-8
105% J'ne'00
a 5»...'3S M-N
Westn Gas Co ooi tr
GOAL A IRON BONDS.
li^%

117

on Steamboat Co 6s... 1901
Mad So Gard lstg 5s.. .1919
Man Bch H A L gen g 4s. 1 940

108% 110

93

. . . .

Ha ik WatReor Istg5s.l926
He id B Co 1st s f g 6s.. .1931
1910
Ho<oken L A Ig 5s

175

5.

July 27.

J-J
A-0
J-J
M-8
M-N
J-J
M-N
M-N
M-N

Erie TAToeltrgsf 5s... 1926
Gr cMt Coal A C 1st g 6s. 1919

.

.

Price
Friday.

BONOS.
N. Y. STOCK EXCHANGE
Jan. 1.
Week Ending July 27.
Low High
Det MAM Id gr 3%s 8 A.1911 A-O

J'ne'00

180

105
117

Page

(5 pages)

since

Ask. Low. High. tfo~

Bid.

BqGasLNYlstoong5s..'S2 M-8
flq G A Fuel. 8ee P G * C Co.

PRICES

1

.
.

.

Range

Week's

Friday,

BOND8.
tt. Y. STOCK EXCHANGE
Week Ending July 27.

3

,

.
.

.
.

• »

156

•

Brooklyn Tr 414
Flatbuah ... 160
KTanklin..... i05
365
Hamilton.
340
Kings Co...
40
Tt
L Isl L A
Manataot'rs »<'7
85
Nassau
330
People's...
i«6
WllllamsbV-

"

r
t Py°£a
(*) are State banks,
t ££
this
Sale at Stook Bxoh. or at auotlon

419
MStl
...ft

-...I

338
300

_J£J;
wesas

.

1
.

Boston, Philadelphia and Baltimore Stock
Saturday,

Monday,

July 21.

July 23
33

88

38

853

253
143

143
•»«*
•189

251

Tuesday, \Wednesday Thursday,
July 24
July 25. July 26.

212
190

189

243

33

243

39
250

126* 18 1* 126* 129* 12694 12794
*i35* 188* •135* 136
135* 136* 135* 135*

123

•89% SO
•30* 40

40

13694 187

40

136* 136*

26*

26*

2694

76*

23

13*

•12*

13
85

51

76

76

86

87

86

,

0794

97%

8%

0494

8*

98

37*

>305

....

98

8*
894
894
30
SO
30
30% 2994 30*
*1494 14% 14* 14 9-6 •14* 14*
68
53* 58* 58* 5794 58*
76* 7594 76
76* 75% 75*
37* 37% 37« 3794 37-, 37*
18% 16* 1694 1694 1694 1694
3594 35*
•03* 94

87
...

•75

64*
98

8*

89*

•14*
57

8*
14^
5 '94

75* 75*
37* 8794
16* 16*

94

83
33

88

83

23

•33

75

7594
394

3*

93* 01

88*
24

87* 88
34
24*

75
75* 78
8
3* 2*

23*

145

14444 145
II

1094

803
64
745

75* 75* 75

76

2*

803
66
746

304),

65
745

302
68
713

303
66

801
65

715

715

17*

1794

88
40

55
39
98

55*

18% 17*
64* 55

89
98

39
97

39
97
3594

56
40
98

84% 34%

34% 85%

3594

1094

10*

10* 10*

I094
3694

•9 4
*96% 97% 9694
134
123 123 •133
19* 19
19
19* 19*
3* 294
2*
8% 2H
L1494 115* U6%ii5% 1:674
18
15
18
18*
15

•46

47
63

•15

Mked prices

INACTIVE STOCKS
* Charlotte(Balt) 100

97
121

19*
294

55

97

33% 34

3394

.

*

»

Bid.

%

MISCELLANEOUS,

7%

Atlantic Mln'g.
Baltic Mining..

84
10

"
"

4*

1*
83
5

35
80

(Phil)
3sth Steel
1494
Boston BleoLt.(Bost)100 160 170
Cambria Iron. .(Phil) 50 ......
(Bait) 100
70
73
Canton Co
Osnten Mining. (Bost) 95 16* 17*

"
Central Oil
Con. Lake Sup. (Phil)
rT8l ••••<
* * * •

Oanv. Bessemer

Dlam

State Bt

*•

"

1494

si*

III...

"

S.(Phll)

16*

16

5
10

• • • • •

I*

3*
3

67

40* 41

132
3

1st

4

"88"

•

•*•

• t • •

3

.

4s.. 1995
Boston Term'l 3*s. 1947 |114
Bos UnGas 1st 5s. '39 JAJ
1939 JAJ x *7
9dM5s
Bur A Mo Rlv ex'pt 6s. JAJ
.

JAJ {106

101

10O*
84
116
81
50
108'

1910 JAJ 2100
Q 4s. 1922 FAA hoo
5
4s. 19 19

AAO

108
111

Chicago Juno 5S.1915 JAJ

M

gu 5s. '3 1

MAN

Chi A
M gen 5s.'21 J AD
Con. of Verm't 4s.'18 JAJ
Curr't Rlv 1st 6s.'27

.

AAO

87
90

112
98
103
87
03
08

^orthCent4*s.l925AAO

114*
136* 180*
135* '39*

115
408

oonv 6s.'10 JAJ
Debenture 6s. 1 91 3 AAO

08
00
00

lllln Steel

K C CA 8 1st 5s g.'25 AAO
K C Ft SAG lstfs.'08 JAD
K C F SAMoon 6s.'28MAN
K C M A B 1st 4s..'34 MAS
Income 5s

K CA M KyAB 5s.'29 AAO

E O 8t Jo A B 7s.'07 JAJ 17
L RookAF S 1st 7s.'05 JA*
LH A St List 5s 1939...
Gen 4s 1943. ......MAS
Mar U A Ont 6s...' 25 AAO 1118
Mex Cent 4s g. .191 1 JAJ 70

93

.

•

•

'oaboard loan certfs ..-,..
Seab A Roan 5s.l026 JAJ

UuBlUAPlst4*s'99MAN
Un By A El lst4s'40.MA8
lnoome4s 1940. ...JAD

105
*

*«

1

80
87

12*

13*

May

14

5th series Ss.1026

5

14*

Feb. 5
Jan. 18 330
Apr.
S
Jan.
2 85* Apr. 8
May 99 770 Feb. IS
June 98 93* Feb. 8

212
980

50

Mar.

101
2,085
58
2,405
10

95

845

10
25
50

42

41 695

4,512

33* Jane 35

Mar. SI

51

2
Jan.
54% May 18
6* Mar. 8 13 Jan. 92
96* Jily 16 103* Mar. 97

43

234 138

July 16 140 Jan.
Mar. 14 24% Apr.
2* July 37 6* Jan.
225 U07 May 18 160* Jan.
205 14* June 31 25 Jan.
40 Jan. 6 50 Mar.
• St
50 40 Jan. 13 48* Apr.
6 L Jan.
5 66
Mar.
t 350 paid In. l$-paid.

680
19,495

SI

• • •

BONDS

112
115

MAN

'Mltl

••••

•

116*
94

98

K

Ry

Consoles
Annuity 6s

114
11194

108*
lo'fl*"

104
100

• • « «

•

4

110*
110*

Mill
118

106* 107*

88* 89*
08* 98*
719» 71%

U8*

130*

0094

••ts

*•

113*
113*

sas-fi
• s ••

00*

UKS*

!•«»•• •*••••

•

'

•

•

•••••
••

.»••••

78

•

113
105
106

till

»••*•

l''S* 104

117
130

•

•••••

JAD 129* 198
JAD 128 138*

4s.. '36

MAN

•

• • •

>

1003 JAJ 100*
Penn gen 8s r...l01O Var 126
Consol 6s 0... .1005 Var 112
Consol 5s r.... 1010 Var .t SSI
Penn A Md Steel oon 6s.
00*

Pa A N Y Can 7s..'06 JAD 117
Cons 6s
1030 AAO 110
Cons 4s
1030 AAO
04
Penn Steel lst5s.'17 MAN
People's Tr tr certs 4s.'43 106J4

1

•• ••

f

•«•*

•

Ml

!••••

PhKa Elec gold trust otfs 90*
Trust certfs 4s....,
64*
PhABr gen M 5g.'30 AAO 191
Gen M 4s g. .1020 AAO 100
Ph A Read 2d 5s.'33 AAO 198
Consol

••

•

••f

116

•

"67*

• • • •

104*
107*

JAD MMtl

1023

••••

•

New'k Con Gas 5s '48 J AD 101194
Newark Pass oon 5s. 1030 116*
NYPhllANorlst4s '30JAJ .#•••# ....
Income 4s ... 1 030 MAN
89
80

No Penn 1st
Gen M 7s

103

•

• • •

• •

117
108

t

115

••esse

MAN

5s. '20

4s.. 1033
C Sub B 1st 6s.. '20
Lehigh Nav 4*s. .'14 Q-J

•

97
95
98

71

BlmAWilm 1st 6s.'10 JAJ

Indianapolis

•••

4

>
11
9

Ask.

Bid.

HA B Top oon 5s.'25 A tO

•

8

14

Bdlson Elec 5s stk tr ctf s
BlecA Peop's Tr stk tr otfs

100

in*

01
90

62* June 18

June 22 122 Feb. 38
29* Ju e 95 5794 Feb. 6

BastAA 1st M

MAS 118*

.» (State) 3s new.'32JAJ
Fund debt2-3s. 1091 JAJ

May 10

Inoome 5s... .2862 AAO
Bq 111 Gas-L 1st g 5s. 10 28 108
Hestonv M A F oon 5s. '24

•

3

4*

1

Del A B Bk 1st 7s.'05 FAA

100*

,r«Mld 1st 6s. 1008 MAS 113
2d series 8s. .1011 MAS 180
3d series 6s.. 1018 MAS 118
4th ser 3-4-5S.1031MAS 111

Jan.

June 98 15i

Clt's'8tRy(Ind)oon 5s.'33

116*

*••••

1*

9 137* Jan.
4
2 118
Jan. 10

Colum8tRylstoon5s.'S2
Con Trao of N J 1st 5s..'33 ••*•

117

jiivFlaAWeet5s'S4AAO 110
03
65

Mar.
Mar.

Cambria Iron 6s.l017 JAJ
ChesAD Canlst5s.'16 J A)
ChooOkAG gen 5s'10JAJ

3*)OAvTn(Pltts)5s'34JAD

86

i

1st oon ino 3s g non-cum
2d oon lno 3s non-oum..

99*
H9*

Series B 5s 1926.... JAJ
Pitt Un Trao 58.1997 JAJ
PotomYal 1st 5s. 1941 JAJ

13
10

07
62
03

AAO
8s 1900
JAJ
6s gold 1900.
JAJ
6s 1904
Series A 5s 1926.... JAJ

S

8

Ter 1st 5s. 1026 JAD
BergAEBrewlst8s'31JAJ

• • • •

111

07

27,519 95*
78 107
804 140
5,035
1394
693 251

3
6

Jan.

Balls

107

108
118

37
14
15

Mar. 31
Jan. 18

Jons 15

RR4sg
1014 Q-F
Ext A Imp 5s.l932MAS 115 117*
Gen M 4*s g.. 1024 Q-F
Chas City Rylst 5s '23J AJ 104* 105* Leh V C'l 1st 5s g.*33 JAJ
08
ChasRyGAB15s'99MAS 06
Leh Yal ext 4s.. 1048 JAD
s*
CharlC A A ext5s.l910JAJ 106
3d 7s.
1010 MA8

Norfolk St 1st 5s '44. JAJ

35

B Boro Gas 1st 5s.'38MAd

NewpNAOPlst5s'38MAN 103*

D G R A W 1st 4s.'46 AAO
Domln Coal lst6s.'13MA8

Mar.
94

Atl City 1st 5sg..'10

106

.

4

6

07* Apr.

May 23 80*

Asphalt Co 5s tr otfs

H01*

CltyASub lst5s.l922JAD 11594
CityASub(Wash)lst5s'48 108
ColAGrnvlst5-6.1917JAJ 117
Consol Gas 6s. .1910 JAD as*
1030 JAD 111*
5s
Ga AAlalstpfSs 1045 AAO 105
GaCarANlst5sg.l029JAJ 102*
«oleorgiaPlst5-6s 1922JAJ 182 H
GaSoAFla lst5s.l945JAJ 100*
103
Greater 8eaboard otfs.,
KnoxvTrac lst5s '28AAO 00
Lake R El lstgu5s'42MAS 117
67
Maryland Brewing 6s
MetSt(Wash)lst5s'25FA
New Orl Gas 1st 5s...Var

6

19

Mar. 19

Bonds— Philadelphia
AlleVyEext7sl01OAAO 188

3103

•

38* 30*

Adjustment g

W

» • • » 1

>

MAN

•••

3

June 2 i

WestVaCAPlstBg.'l 1JAJ
Wil A Weld 5s.. 1035 JAJ

Ext A Imp 6S.10O1MAS 102*
NoBaltDlv 5S.1042JAD
Conv'rtible5sl906MAN 101
Central By 6s.. .1912 JAJ
Consol 5S....1933

••«•
•

Bonds— Boston.
Am BeilTel4s..l0O8 JAJ 2100
A TAS F gen g 4s '05 AAO hoo

Oh A No

28*

•

West N C oon 68.1014 JAJ 115

Anacostla A Pot
5s 100*
Atl A Ch 1st 78.1907 JAJ 110*
AtlG-Llghtlst5sl917JAD
Atl Coast L ctf s 5s .JAD
Bait Belt 1st 5s.l990MAN ••••<
BaltCPaslst 5s. 10 1 1MAN 100*
136
Bait Fundg 5s. 10 16 MAN 125
Exchange 3*s.l03OJAJ 111* 114
1st 6s tunnel 1011..JAJ
Bal Trac 1st 5S.1929MAN

8*

10

«'

"
"

6s. '18

mort 6s.. ..1905 JAJ

5
9

Baltimore— Concilia.

BaltAPlst6sml 1011AAO

23* 24*
37
87*

100
100
Westm rel Coal
60
Wiuona Mlning(Bost) 85
Wolverine Mln. "
25

Non-exempt

AAO

2

USPHorseCol.(Phll)
Utah Mining.. (Bost)4-85

AS.

1907

35
30

29

"

• •

Ask

Bid.

.

l'o"

"

Welsbaoh ComT
PrefT

paid ....(Phila.)

Bonds— Baltimore.

135

37* 28
88
28*

CnEILAPow pf (Bait)
Un Shoe Mach..(Bost)

(Phil)

....
....
....

"

$4*

Rutland 1st 6s. .'02 MAN ei03
Torrington 1st 5s 1918... t
West Bnd St 5s. .'02 MAN 5103
1914 MAS H05
4*s
1916 MAN eio6
Deb 4

1

Tidewater St..
Torrington "A" (Bost)
"
Pref
UnCopLAM'g "

IowaDlv

2

NYANBnglst7s.'05JAJ {104*

Busquel A ST.. (Phil) 5
.s
Tamarack Min.(Bost) 25 105 107
6
TelepTel A C.(Phil) ...

Oh Bur A

3,410

NewBngcongen5s'45JAJ i
N B Cot Yarn 5s 1020FAA 510394 104
NB Gas A Cist 5s. .1037 i 65* 66
New Bng Tele 6s.'09 AAO iioo
6s

H

'

Plain 4s

50

Boston— Concluded.

25
25
Palmetto Co.... (Phil) 25
ParrottSilACop(Bost) 10
PennEleoVeh.(PhU) 50
"
Pref
50
Pennsyl Salt... "
50
Pennsyl Steelt.
"
PrefT
100
Qulnoy Mining. (Bost) 25
Rhode IslMln.. (Bost) 35
Santa Ysabel G "
5

Pref
US Mining....

Steel,

BONDS

Ask

"
"

Old Col Mining.
Osceola Mining.

I

20
70

.

Bid.

M

1*
3*

100 205
ffllecCoof AmT.(Phll) 50
8*
18
14
tTranklln Mln'g. (Bost) 85
"
Kleot..
100 130
30%
Osneral
"
130
100 188
Pref
Vl«nKl Auto-MT(Phll) 50
10
Ind-Bgyf OomT(Bost)100
a*
8
10
tatButHASM "
26
85
IsleRoyaleL... "
86*
Manufao Bub.. (Phil) 50
1% >••
"
60
Pref
4
MsrylandBrew.(Balt)100
8*
" 100 15
17
Preferred...
183
-Csrgenthaler.. (Bost) 100 184
10
3
"
y*.mx Telephone
3*

BdlsonBl

•6

a 29

Warwick

81* Jan.

360

.

Kast'n 1st
6s g.'06 MAS
Vt BlkAM Y 1st 6s '33 end
Unst'p'd 1st 6s.'3S AAO

16*

7

Domln Coal pf .(Bost)100 118

46
63

48
63

*oAmGDredg(Bost)

303

•

81

18*
44

19

19

•JewBngGsAC T(Bost) ....

•

Amer.Oementl(Phll)
Areadlan
(Bost)
mold Mining. "

•115

NewHavIA

165

"

1

294

"

A Heola

Jan.
Apr.
Apr.
Feb.
Apr.
Jan.
July
Apr.
Feb.
Feb.

610 95 Jan
2 00
Feb. 6
2,463 8 1-16 June20 10 0-16 Apr. 5
10,390 24 9-16Jan.lO 33* Apr. 5
1,000 13 Jan. 10 179? Apr. 5
2,287 4494 Jan.
9 6094 Apr. 4
716 70* June 25 78 Apr. 4
1.303 35% May 9 4094 Mar. 31
2,073 1594 Jan.
8 19* Mar. 30
7 34 Jan.
9 87* May 8
815 91* May 29 i)4* Mar. 9

Consolidated Gas
., (Bait.) ....100
Dominion Coal
, , (Boston) .... 100
Brie Telephone.
"
....100
"
34* Federal Steel
....100
53* Lehigh Coal A Navigation. ..( Phila. ) ... 50
"
10
Marsden Cot
....100
97* New Eng. Cotton Yarn, pref. (Boston) ... ,100
"
185 New Bngland Telephone ....
....100
"
13* Old Dominion Copper T
.... 25
,
3* Philadelphia Eleo.T 2* paid (Phila.)...
"
116
United Gas Improvement t..
...
50
19
United States Oil
(Boston)... 25
Welsbaoh Light T
(Phtla.) ...
5
46 Westlngh. Bleotrlo A Mfg. . (Boston) . .
50
SO
Preferred
63
l'-16 39 16-16
t Br rights

MISCBLL.—Concluded

"

AHouei Mining (Boat)

294

3*

STOCKS BOND8

180

KG

3394

•53*

27.

"

Pref.

53

994
10* 10
97* 3694 97* •9894
124
124
121* 125
IS*
19
19* 19

Ask.

100
15
16
62
100
66
100 160
Conn Rivpr.... " 100 270
OonsolTrPittsT(Phll) 60
83*
"
50 •• t ••
PrefT
40
Fla.(Balt) 100
«a South &
90
"
100
94*
1st pref
67
"
70
100
Sd pref
CPrmanfn Pass(PhU) 50 148 150
50
40
Hestonv M & T "
50
Pref
73*
"
100 ••••••
Inds Street
•« *
15
18
Ft 8 AM..(Bost)100
"
80
100
85
Pref
Iilttle Schuylk.(Phil) 60
Maine Central. (Bost)100 168 102
Mlnenili ASH. (Phil) 50
67* 68*
54
60
Eresquehon'g V. "
"
60 105* ••»»••
North Perm....
Marqu'te.(Bost)l00
8294
38*
Pere
"
100
58* 50*
Pref.
Phil Germ AN. (Phil) 50 154
8* ••••••
Bys Co General* "
8
Seaboard w. 1. (Bait)
8*
Prefw. 1
28* 24
Un'.ledN J.... (PhU)100 870
95
CnPowA Trans "
50
United Tr of P. "
"
Pref
50 ••*•*< .••••I
West Bnd pref.(Bost) 50 113 114
65
WestJerASS.(Phll)
••*••• •sesss
WestNYAPa. "
14
Wis Cent, new.(Bost)100 18
30
"
Pref
100
3994
Wor Nash A B. " 100 186 130
Central Mass...

3*

46
•45*
63
.
......
no sale wa« made.

Bos * Maine pf. (Bost) 10C 160
Boston A Prov. " 100 800

OornAPassum

98
124
•19

53

Calumet
Cambria

745
17
65
•33* 89
•97
09
17
55

56
39
98
34
53
10

38*
96

115% 115* 115*
18* 18* 1894

46

railroads.— Prices July
All

5

1,757

13
17
88
18

82* Jane 28 100 Jan. 20
48* Jure 23 62* Apr. 4
70* Jure 35 77* Apr. 13
"-)*
203 Jan. 13 200 May 1
62* June 27 71* Apr. 5

588

..

July
July
145* Apr.
349 Apr.

354

Jan.
Jan.

627

(Phila.).

84*

Mar.
Mar.

..100
..100
..100

.

"

,

American Alkali

785

745

16% 18%

55*
38% 38%

10

IT

63* 63* Butte & Boston

61* 65
'735

16%

5894
109(

47
63
•Bid and

455
800

"
Preferred, t 10 paid
.. 50
American Sugar Refining 1. (Boston). ..100
12694 128* 1!6% 128
"
117 117* Preferred!
..100
11694 117*
"
..100
14494 14494 Amer. Telephone A Tel. Co T
14494 145
, (Phila.) 10 paid
10* 1094 10* 10* Asphalt Co of America
397 897* Boston A Montana
.....(Boston).... 25
299 801

801
65
745

Highest

Apr.
302*
6,515 119* Jan.
133*
251 13
Mar.
142
18 122
Jan.
127
500 29 May
35
361 39 May
45
191 110 Jan.
139*
2,885 22* July
3994
25 15 Jan.
20
307 75 Jan.
7994
285 1094 Jan. l« 14*

*

*

65

98

Preferred

76
2

2

8

8

145* 145H 145* 145 145
1094
10% 10% 1094 10*

17% 17*
•96

(Boston).

23*

25

Lowest.

744 $3
30 238
60 1 95
21 241
21 187

50
.100

(Phila.) . ...

T

Miscellaneous Stocks.
(Boston)
86* 87 Amalgamated CopperT
Amer. Agricnl. Chemical IT..
"
21*

8794

8694

138* 180* 12694 139* 197* 13994 128* 127*
•116* 117
117 117* 117 117
11694 11694
301
64
•740

American Railways
Boston A Albany

33
250

U*

2994

Range of Sales in 1900.

Kail rood Stock*.

v • • 4 #

93* 94

94

88
23
76

8%

64
98

250

Indicates unlisted.

* * I

•23

24

Si*
*7l* 72
•305
SOS 205 •205
«J4% 64%
64* 64* 64*

*3%

124
30

76* 76*
13* •:2* 13
86* 87
•51* 51*
51* 5194 •5 094 50%
•7l* 72
*71* 72
'71* 7»
76

•IB* 13

'97%

123
30

40* 40*
ISA* 136* 138 136*
25* 28* 25* 35*

24
76

•23

76

136
30
80
•39* 40

Sales

of the
Week.
Shares

Boston Elevated, full paid
143
.100
2H Boston & Lowell
.100
•242
••*••• 342
189 190 Boston A Maine.. ....... ....
.100
•189 190
.100
128* 128* 128* 127* Chic Burl. A Qulnoy.
"
•136
137 Chlo. Juno. A Un. Stook Yds.
.100
•136
137
•134
.100
195
124 121
Choctaw Oklahoma 'i'Su'lf!! (Phila.*!! . 50
••••'
* • S
80
SO
"
.
50
40* Preferred....,
,
40* 40* 40
(Boston).. .100
137 137 •138*187 Fitchburg, pref
50
(Phila.) ..
25* 2594 2594 25 4 Lehigh Valley
•23
26 Massachusetts Eleot. Cos. T. (Boston).,.. 100
24
24
78
Preferred T
"
....100
76
76* 76*
"
....100
18 12* •18* 1294 Mexican Central
87 87* Northern Central
(Bait.) .... 50
,
(Phila.) ....100
50% 51* Northern Paoiflo
6094 5094
"
Preferred
....100
•71* 71* •7194 72
2-15 .... Old Colony
(Boston).... 100
205 205
(Phila.).... 50
61 64 1-16 63* 61 1-U Pennsylvania
98 Philadelphia Traction
"
98
.... 50
98
98
"
.... 50
8* Reading Company..
894
.,
894
8fc
"
1st preferred
.... 50
2994 29 9-16
"
14* 3d preferred
.... 50
*14* 14*
( Boston) .... 1 00
57* 57* 57* 5794 Union Paoiflo
"
75* Preferred
....100
75% 7594 75
Onion Traction, « 1 7% paid. (Phila.).... 50
37
87
16* 16* United By A Hleo. Co
(Bait.) .... 50
1694 16*4
Preferred
"
.. 50
,.....,
ilMII 35* 38
(Boston) .. 50
93* 9394 93* 94 West Bnd Street

242
190
12H* 128*

190

1T

July 27.

32
249

33
349

243
189

....

190

Friday,

]

Daily and Yearly Record.

ACTIVE STOCKS.

31
143* 142* 142* 14 5% 143*

82
252
143

39

350

14 254 14294 •142

343
190

86

.

[Vol. LXil.

Exchanges— A

Share Prices— Not Per Centura Prices.

33

1

.

THE CHRONICLE.

176

*

.
.

.

,

M 7s.. 1011 J AL

Con M 6s g... 1011 JAD
Bxt Imp M4s g.'47 AAC
Con M of '88 4s.'37 JA.
Terminal 5s g.1041 Q-t

P Wil A Bait 48.1017 AAu
Collat trust 48.1021 JAJ
Pitts CASt L 7s.l0OO FAA

Read Co gen 4s, 1007 JAJ
Rochester Ry oon 5s. 1030
SohREStdelst5s g'85JAD
Scran Trao 1st rts '32MAN
Union Term'l 1st 5s. FAA
United N J 4s.. 1044 MAS

190
•

t

• » 4 •

105

104*
...
134* 135
• *

s s s •

108*
11)2%

87* 83*
10784

110

116

UnTrac Pitts gen5s'07J AJ 113*
lAnd interest.
t»l-5>.
Prioe includes overdue ooupo

paid.
us.

..
.

July

28

—

1

.
.

THE CHRONICLE.

1900.]

177

imd Railroad %ntjdliQmtz.
RAILROAD EARNINGS. regular
which

^xwsimjetxl

weekly or monthly returns
The followiiig table shows the gross earnings of every Steam railroad from
can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from January 1 to and including sach latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Gross Earnings.

ROADS.

Week or Mo

Ala. Gt. South..
Ala. Midland...

May
3d wk July
May

Ala.N.O.ATex. Pao. Juno.
N.O.AN.E... June
Ala. A Vicksb. June
Vloks.Sh.AP. June
Allegheny Val.. June
3d wk July
Ann Arbor
An.Was.ABal.. May
Ark. Midland...

Atoh.T.AS.Fe.
AtlantaAChar.
Atl. Knox.ANo.

Atlanta AW. P..

At.Vald'staAW
Austin AN'west
Bait.
Bait.

A Lehigh.
A Ohio....

Bal.AO. Sou'w.
Bang'rAAro's'k

BathAHam'nde
Bellefonte Cen.

Central N. E.... May
Central of N. J June
Central Pacific May

Charlest'nASav May
Chattan'gaSo.. 3d wk July
Ches. A Ohio.... 3d wk July

A Alton.. May

Latest Gross Earnings

Latest Date.

Previous

Current

Year.

Year.

ROADS.

Previous

Year.

13,557
35.285
68,90J

145,740
47,305
40,396

284101

2 ',352

57,433
100,400
46,382
84,15 1
531.0U0
2,572
134,565
56,183

14,123
36,891

6a,168

9
74.739
1,092,241
405,054

131,458
949,964
51,274
366,224
310.629
44,208
265,714 1.63rt,751
26,424
917,413
28,548
4,832
41,527
8,964
3,420,846 18,857,744
158,159
852.350
196,050
30,767
49,240
293,478
107,373
9,480
11.004
62,779
10.864
2,556,307 17,822,347
168,396 3,460,093
86,30
507,626
9,200
1,867
20,397
2.229
83,457
18,807
275.976
53,313
60,-363 3,0*9,408
293,682
57,833
92,051 2,409,578
543,000 15,782,038
1,734

97,728
61,236
1,353,217 1,250,656
1,420,707 1,412,911
63,957
70,916
2.438
1,819
271,711
249,597

12,741
3,293,549
256.262
7,389,591
6,736.941

357,854
54,367
7,205,869

77,842
1.003,932
320,878

783.553
344.153
316,897
1,444,163
835.000
19,0 9
53,453
16,205,953

712,420
177,449
252,176
44,528
53,094
13,896,i"23

3,177,437

400,025
9,248
11,701

72,022
251,156
1,978,494
352,49 2

2,351,U1
14,320,362

10.517
2,898,973
275,343
6,771,459
6,380,909
330,828
40,850
6,466,161

Jan. 1

to

Latest Date.

Week or Mo Ourreni
Year

Year.

27.896
4.577
7,304
May
3,983,550
May
173,394
April....
32,196
June.....
48,803
May
16,787
June
12.830
May
11,610
May
3.095,628
June
4thwk J'ne 176,137
107,032
May
1,814
May
3,934
May

Benn.A Rutl'd. April
Brunsw'kAW'st May
Buff.R'oh.&Pitt 3d wk July
Buffalo A Susq. June
Bur. C. Rap. AN. 2d wk July
Canadian Pao.. 3d wk July
Cedar Rapids
Garner A N'w. April
Cent, of Georgia 3d wk July

to

Ourrenl

$
Adirondack

Jan. 1

Lex' gtonA East
LonglslandRR.
Ix)ng Is. System
Losing. Term.

Previous

Current

Previous

Year.

Year.

Year.

May

24,077
135,282
489.507 1,928.221
520,441 1,994,271
9,160
67,167
31,432 1,058,011
317,909
11,533
501,940 15,044,397
6,281
40,444
64,194
8,691
307,324 9.857,552
362,043 2,232,558
126,847 4,465,022
260,427
66,586
76,500 2,442.800
466.526
13,170
52,813 l,477,0t<8
90,337 2,642,109
210,298 6,124.030
478,000 15,228,032
25.900
677,518
503,000 15,905,550
7 i,932
1,591
e386,039 e2,890,994
91,193
696,727
460,407 3,242,897
12,765
1.698
4,377,715 26,031,282
98,651 2.512,707
970.207
183,647
245,401 7,823,293
556,065 3,147,792
573,468 dl4917541
728,968
25,535
54.323
299,049
690,013 3,364,434
407.334 1,462306
303,937 1,644,541
6,018,867 33,628,476
124,539 4,033,234
501,384
16,806
454,476 2,074,923

June
June
June
Louls.Ev.A8t.L 3d wk July
Lou. H. ASt.L.. latwk July
Louis. A Nashv. 3d wk July
Maoon ABirm.. June.......
June
Manistique
{Mexican Cent 3d wk July
.

Mexioanlnter'l. May
Mex. National. 3d wk July
!

3 '.876
477.548
504,733
12,215
33,641
10,162
516,225
6,614
14,904
287,541
451,680
137,356
56,240

Mex. Northern. May
81,9f>0
Mexican Ry... Wk July 7.
IstwkJuly
14,793
Mexican So
57,149
Minne'p. ASt.L. 3d wk July
8?,427
M.St.P.AS.St.M 3d wk July
Mo.Kan.ATex 3d wk July 217,742
Mo.Pac Alr'nMi 3d wk July 540,000
31,000
Central Br'oh. 3d wk July
3d wk July 571,000
Total
2,817
Mob.JacAK.C. 3d wk July
e462,500
Mobile AOhio.. lune
108,783
Mont.AMex G'f June
496,209
Nash.Ch.A8t.L. June.
J

Nevada Central
N.Y.C.AH.R..
N. Y. Ont. AW..
N.Y.Susq.AW.
Norfolk AWest.

May

May
3d wk July
May
2d wk July
3d wk July

North'n Central
North'n Pacific
Ohio River
Ohio Southern. April
Oreg.Sh.Line... May
Pao. Coast Co. . April
May
PaoifloMail
Pennsylvania^ May
.

.

8,072

June
4,526,262
3d wk July 103,955
162,189
277,244
661,965
d622,175
33,690
53,405
762,291
366,348
352,197
7,126,567

91.205
1,907,145
1,984,242
47,975

881,786
285,454
13,352,516
30,814
42,281
8,251,437
1,894,332
3,789,731
355.059

2,402400
411,290
1.421,174
2,144,196
5,640.293
13,879,951
597,226
14,477,177
38,209
e 2,276,271
62U.762
2,902,047
8,791
28,718,868
2,461,080
932,001
6,555,079
2,563,692
12,764,225
561.890
233,394
2,893,682
1,493,519
1,519,190
27,382,176
3,623,545
438,722
1,658,296
8,989,929
9,087,149
18,077,078
4,049,194
8,116,259
782,887
63,003
22,854

625,852 517,756
Pere Marquette 2d wk July 138,181
3.571,255 3.424.624 18.028,833 16,315.406 Peo. Deo. A Ev. 3d wk July
16,065
Chic Bur. AG.. May
91,241 2,754,129 2,497,912 Phlla. A Erie... May
552,540
Chic A East. 111. 3d wk July 108,364
2,329,242 1,899,702 10,699,751
Chic Gt. Wesfn 3d wk July 123,430 103,434 3,584.542 3,228,957 Phila. A Read.. May
74,322
Chio.Ind.AL.. 3d wk July
78,397 2,238,505 1,931,123
1,817,801 1.449.570 8,916,958
Coal Air. Co. May
714.521
Chic.Mil.ASt.P. 3d wk July
784,479 21,408,643 2\339,214
4,147,043 3,349,272 19,616,709
Tot.both Co's. May
Chlo.AN'thw'n. tune
3,688,173 3,635,305 £0,066,0 48 18,499,375 Phil. Wilm. AB. May
995.158 1,031,058 4,420,894
ChicPeo.&St.L.
fitts.C.C. ASt.L June
1.528,787 1,457,389 9,383,514
90,469 103,723
June
708,074
581,749
BtL.C.ASt.P.
58.316
59,220 1,129,568
Pitts.Bes.AL.E. 3d wk July
1.795,630 1,646,658 8,993,242 7,829.523 Pitt. Ch.AY'ny. May
76,584
Ohio. R'k LAP. M ay,
17,139
18,196
788,465 860.083 4,501,722 4,595.866 Pitts.Lisb AWn June
Cfcio.St.P.M.AO June
4,809
29,003
4,088
Chio.Ter.Tr.RR 3d wk July
28,019
702.836
24,632
688,624 Pitta. Sha.ANo. April
43,873
179,692
Ohoc.Ok.AGuli 3d wk July
58,y85
23,050 1,236,571
845,678 Pitts.AWest'n.. 2d wk July
38,208
38.388 1,149,473 1.000,287
93,112
Oln.N.O.AT.P. 3d wk July
87,207 2,793,386 2,474,304
22,676
21,105
668,912
Pitts.Cl.ATol. 2d wk July
521,254
Cin.Ports.AVir. June
33,024
175,147
140,699
27,035
15,473
253,136
Pitts. Pa. A F. 2d wk July
10,662
212,481
Cl.O.Ch. ASt.L. 2d wk July 302,445 289,569 8,720,663 7,515,232
Total system, -id wk July
76,3
70,155 2,089,333 1,740,026
Peo. A East'n. 2d wk July
33, '98
38,267 1,274,282 1,000,544 Rioh.Fr'ksbAP. May
123,040 112,505
436,307
378,115
01. Lor. A Wheel. 3d wk July
3 ,213
929,318 Rio Grande Jot, May
192.143
36,367 1,198.394
40.394
37,963
136,297
Col. Midland.... June
192,793 184,944 1,107,338
801,271 Rio Grande So. 3d wk July
9,843
279,438
6,604
245,830
Colorado A 80. May
328,672 322,454 1,668,268 1,478,673 Rio Gr'de West. 3d wk July
94,700
64,900 2,488,991 1,817,212
Col.New.A Lau. May
12,461
10,727
78,669
69,185 St. Jos. A Gr. I. 3d wk July
713,158
25,555
29,823
697,696
Col.Sand'yAH. 2d wk July
21,649
19,493
590,062
386,137 St.L.Ken'etASo June
7,000
8,552
47,500
43,938
Cornwall ALeb. May
24,843
127,071
87,729 St.L.Van.AT.H. June
19,277
161,036 147,900
931,466
836.261
Oumb'l'd Valley May
74,239
368,0,56
323,936 St.L.A8anFran. 3d wk July 160,404 123,185 4.271,043 3,877,533
73,047
Denv.ARioGr.. 3d wk July 212,700 147,300 5,513,673 4,818,129 St. L. Southwest 3d wk July 113,600 103,800 3,006.035 2,912,787
DenverASo'w'n May
209,988
183.516 1,049,494
796,799 St.PaulADul... May
137,939 154,461
625,891
637,279
Det.AMackinac May
84.055
293,991 San.Ant. AA.P. May
66,533
388,257
722,310
147,889 136,503
662,037
DuluthS.S.AAtl 2d wk July
52,865
51,368 1,346,192 1,133,183 SanFran.AN.P. June
95,555
90,240
425,003
414,352
E.8t. L. A Car.. June
13,062
67,574 S.FePres.APh. 2d wk July
11,846
79,593
18,803
14,545
ElglnJoLAEaat June
161,761 144,039
856.912 8av.Fla.AWest. May
989,146
350,608 323,074 1,993,829 1,565,247
Krle.
May
3,151,117 2,992,759 14,606,965 13,157,726 8her.8hrev.AS0 ithwkJ'ne
173,082
9,439
9.465
150,254
Eureka Springe March
8,367
4.646
Sil.8prs. O.AG. May
30,053
122.312
29,034
133,220
Ey'ns. AIndJpli83d wk July
6,080
185,761 80. C.A Ga.Ext. June
7,456
172,517
14.675
16,794
128,383
110,539
Evansv. &T.B. 3d wk July
25,293
74i,627
727,053 80. Haven A E.. May
28.189
3,941
2,860
15,020
11,756
Find. Ft.W. AW. June
7,700
48,804 So. Miss. & Ark. June
10,260
47,282
12,215
81.546
9,867
55,098
Fla.Cent.APen. 3dwk Mar.
50,157
556,476 8o.PaolfloCo.6. May
49,832
581,986
5,062,276 4,931,524 24,892.448 22,747,084
Ft W. A Den. C. May
125,669 132,228
604,067
Cent. Pacific. iviay ...••. 1,420,707 1,412,911 6,736,941 6,380,909
600,925
Ft.W.ARioGr.. 3d wk July
6,841
253,117
248 467
Gal.Har.AS.A May..
7,517
513,016 560,168 2,550.491 2,350,257
Gads.AAtt.U.. June
1,392
4,2*7
Louls'a. West. May
837
7,188
566,135
107,682 109,694
597,625
Georgia RR
3d wk July
28,115,
24,715
850,960
Morgan'sLAT May
904,274
552,843 570,536 2,742,727 2,815,317
Georgia A Ala. June
87,729
577,931
N.Y.T.AMex. May
82,630
639,969
22,329
109,298
20,524
102,669
Geo. 80. A Fla. June
90.103
467,237
Tex.AN.Orl.. May
88,033
594,513
172 980 164,485
830,356
798,058
Gila Val. G. AN. May
45,617
181.660
So.PacofOal. May
42,694
155,504
1,390,265 1,270,487 7,041,849 5,903,129
Gr.Tr'nkSyst'm 3d wk July 425,540 420,138 12,086,718 11,282,214
So.P'cofArlz. May
302,565 301,697 1,632,874 1,454,500
Det.G.H.AM. latwk July
23,fc96
So.PacofN.M May
461,165
25,000
174,441
861,478
465,092
177,927
824,501
Great North'n—
Southern Ry.... wdwk July 588,453 527,230 16,979,754 14,997,727
8t. P. M. A M„ June
1,874,168 1,692,658 10,519,062 8,895,605 StonyCl.AC.Mt May
2,160
7,074
2,371
6,427
East of Minn. June
385,732 229,550 1,660,193 1,105,741 TerreH.AInd.. June
127,529 117,306
778,577
675,231
Montana Cent June
153,982 155.251
910,234 TerreH.APeor. June
922,252
230,785
39,801
33,775
180,655
Tot. system. June
2,413,882 2.077,459 13,101,507 10,911,580 Texas Central. 2d wk July
6,271
4,311
169,254
140,129
G'lfB'mntAK.C May
22,571
113,223 Texas A Pacific 3d wk July
25,675
109.473
130,828
132,506 4,418,971 4,110,392
Gulf A Inter-S.. Maroh
15,765
Tex.8.V.A N.W. June
39,593
7,000
46,580
5,000
28,650
Hooking Valley J d wk July
98,876
85,018 2,493,605 1,677,791 Tol.AOhioCent, 3d wk July
47,078
37,586 1,357,448 1,005,830
Hous.ATex.Cen May
234,320 231,710 1,339,161 1,268,497 Tol.P.AWest... 3d wk July
26,468
19,211
585,203
518,797
Illinois Central. June
2,601,672 2,328,794 16,060,916 13,714,934 Tol.8t.L.AK.C. 3d wk July
37.225
42,036
965,729 1,038,170
lnd.Dec AWest March
59,846
Union Pao. RR, May
129.490
46,416
161,126
1,772,393 1,604,197 8,633,442 7,533,430
Ind.Hl.&Iowa. May
99,535
425,121 Wabash
86,102
496,906
3d wk July 307,667 277,744 8,679,217 7,812,792
IiL&Gt.N'rth'n 3d wk July
64,408
64,001 1,895,095 1,937,284 W.J'rseyASea'e May
257,550 228,850 1,074,828
930,128
Jlnteroc (Mex.) Wk July 7.
75,000
71,200 2,143,900 2.070,600 W.V.Oen.APitt. May
133,714 116,004
515,639
592,667
Iowa Central... 3d wk July
35,755
44,590 1,170,405 1,148,491 Western of Ala.. May
53,186
273,659
55,481
310,337
Iron Ball way... June.
5,160
27,601 Weet.N.Y.APa. 2d wk July
5,385
36,290
78,800
71,000 1,879.156 1,742,299
Kanaw'aAMlch 3d wk July
16,249
345,372 Wheel. A L. Erie 3d wk Julv
10,223
440,074
859,127
36,028
36,005 1,059,299,
K.C.F.8c'tt&M. 2d wk July
93,676
78.632 2,914,554 2,426.931
Olev.C.&So. 3d wk July
383,611
15,691
15,128
442,547;
K.C.Mem.ABir. 2d wk July
26,227
745,962
Total
20,562
895,003
-dwkjuly
1,242,739
51,719
51.133 1,491,326
Ean. C. N.W... June
27,656
150,161 Wisconsin Cent, 3d wk July
27,674
180,588
103,580 115,886 2,907,256 2,809,126
Kan. City A Om. 4thwkMay
_
7,855
92,586 Wrights v. AT' n. J une,
6,252
97,350
62,089
11,455
10,432
79,594
Lehigh A Hud.. June.
39,433
242707 YazooAMiss. V. June.
42.535
239,516
290,752 304,054 2,287,030 2,152,260
Lehigh Val. RR.! May.
2.071,807 1,943,733 9.857.187 8,301,751 York Southern.. May.
30,785
35,336
7,264
7,771
eh. V.Coal Co.! May.
1.466,364 1.085.421 6.692.759 6.405,996
* ilgures from June
1 are for the railroad only. 1 Mexioan currency.
§ Covers results of lines directly operated east of Pittsburg.
t Includes Chesapeake A Ohio
So'western, Ohio Valley and Chicago and Texas for both years.
^*Jo
a t igures for 1900 are for two days only, road tied up for remainder of week as result of
wash-out.
Does not include the Austin A Northwestern, the San Antonio & Aransas Pass or Houston A Texas Central system.
* KenultH on Mnntsromerv Division are include 1 in 1900, but not for 1899
a Inoludes St. Paul A Duluth from July 1, 1900.
Chlo.

W

.
.
.

..
.
.

-

,

THE CHRONICLE.

178

Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the third week of July our statement covers 55
roads and these show 6-71 per cent increase in the aggregate over the same week last year.
3d week of July.

1900.

1899.

I

Alabama Ot. Southern.
Buffalo Rooh.

A

35,285
27.896

Ftttsb'g.

Central of Georgia.

...

Chattanooga Southern

A East. Illinois.
Chic. Ind'plls A LouIbv.
Ohioaeo Mil w. A St. Pan)
Ohio. Term. Transfer ..
Choc. Okla A Gulf
Cin. N.OrlB. A Tex. Pao..
Clev. Lorain A Wheel'g.
Denver A Bio Grande...
Evansv. A Indianapolis
Evansv. A Terre Hante
Ft. Worth A Rio Grande
.

271.7U
103.364
123.430
74,3

<.%

714 521
28,049

5S935

93 112
36,213
212,700
6.«

80

25,293
6 841
28.115

98.8^

Michigan...
.

Minneapolis A St. Lonio
Minn. St. P. A 8. Ste. M..
Mo. Kansas & Texas
Mo. Paolflo A Iron Mt. .

Mob. Jackson A K. City.
Si. Y. Ontario & Western

A Evansv.
A L. Erie...

Pittsb. Bess.

Bio Grande Southern....
Rio Grande Western
Bt. Joseph A Gd. Island
Lonis Southwestern.

A Kan. City ..
Wheeling A Lake Erie.
Olevel'd Canton & So..

Tol. St. L.

Wisconsin Central......

o.

o\.

12,000
36.837

619

3,417
35,935
5,905

• •«•

65,400

154
1.376
2,896

676
5,402

137,35«

126,84'/

-••

5M49

82,42 7
217.742
540.UO
31 ono
2,817
103.955
277.24i
33.690

16 065
58 3 6
9.8(3
94.70)
25 5 5
160.^04
1 3 600
1

47.078
26.468
37,2*5

7
36
15
103
3<

66
023
6^1
580

—

-

•••

8,835

19,783

10.509
4,336

52.813
90.337
2 10.'. 98

• •--

7,910
7,444
62,000
6,000
1,226
5,3u4
31.84'
8,155

473.00"

25,000
1,591

98,651
245,401
25,53=-

16.806
5^,220
6.604

....

.

37,219
9,800
61.223
9.492
7,257

29,923
23

15.128
115,886

>••
4,268
-

• ••-

mmmm

616,493
462,516

••«•••»

5t3

6,889,920

12,306

153,977

For the second week of July our final statement covers
68 roads, and shows 7 '44 per cent increase in the aggregate
over the same week last year.
2d week ot July.

1900.

9
Previously rep'd<53 r'ds)
Burl. Ced. Bap. & North.
Chattanooga Southern.
.

Clev. Cin.

Chic

A

St. L..

Duluth 8o. Shore A At...
Kan. City Ft. 8. A Mem.
Kan. O. Mem. ABlrm
Louisv. Evans. A 8t. L..
Minneapolis A St. Louis.
Mob. Jackson A K. City..

A Western
Santa Fe Pres. A Phoenix.
Pittsburg

Total (68 roads)
Net increase i7*44

1899.

9

7,271.776
84,154
2.111

6,763.927
92 051
1,487
289,569
38,267
51.368
78,631
20,562
31.427
56,116
1,884

302 445
38,198
52.865
93,67^
26 227
33.478
54,535
2.467
622 175
138.181
76.357
18.b03
6,271
8,823.717

Increase.

i
614,160
->•••

627

Decrease.

9
106.311
7,897

„„

12,876

69
1.497
15.045
5,665
2,051

»

1,581

8,212,307

727,268
611,410

n. a.)..

Hear.

Year.

Jan. lto June3o....

May 1 to June 30...
June
Buffalo Gas Co
Jan. 1 to June 3o...
Oct lto June 30

,

283

136
def. 5,044

13 377
*80,700

9,974
72,473

Jackson Gas-L. Oo.Jvme

2,005
13.981
8,237

1.705
12,597
7,748

19,630
85,096
159,169

5,404
48,474
135,389

68,162
475,208

66,494
476,898

13.396
80.336
196,3*7

16,806
76,844
151,173

3,845
27,431
12,258

24 595

636,624
83.187
477.722
1,767
16,994
3,750
8,610
144,058
2*7,358

May
May

31....

31

7.190
39,582
108,625

7.681
38,544
88,480

Jan. 1 to June SO....
Mar. 1 to June 30

Kanawha A Mich. ». June
Jan. 1 to June 30....
July 1 to June 30....

Laclede Gas-L. < o. June
Jan. 1 to June 3o
Lou.Hen.ASt.I .b ..June
Jan. 1 to June 3o....
July I to June 30
Madison Gas A Eleo.June
Jan. 1 to June 3o....
Apr. l to June 30 ...
Ohio Southern
.Apr.
Jan. 1 to Apr. 30 ...

A St.

72,719
396,296
759,069

50.730
307,747
631,417

54,256
316,243
626,759

51.604
273,916
532,220

6,301

3.140
9,524

58,405
299,0*9

54,323
253,394

16,729
115,750

19,371
79,719

17,139
76,534

18,196
63,008

6,655
25,997

8,672
29,685

.a June 1,528,787 1,457,389
June 30.... 9,383,514 8,116,259
St. Joseph Gas L. Co. June
Jan. lto June 30
July 1 to June 30
8t. Paul Gas-Lt Co.. June
Jan. 1 to June 3u....
San Fr. A N Pac a. June
95,555
90,240
4V 5,003
Jan. 1 to June 30....
414,352
July lto June 30
958,122
922,243
Southern Rail-w'y.a June 2,407,C00 2,201,255
Jan. 1 to June 30... 15,298,746 13,444,066
July 1 to June 30... 31,200,870 27,696,180
renn.Ooall. A BR. June
Jan. 1 to June bO
tolerto AO. Ceni.a.June
222,197
164,498
Jan. 1 to June .^0
1,222,180
899,419
July 1 to June 30
2,36t),910 1,897,868
Wabash. b
June 1.309.P79 1.25H.366
Jan. 1 to June oO
7,791,332 6,994,852
July 1 to June 30... 16,440,428 14,o93,974

327,767

268,994

2,151,372

l,85fc,039

7,094
38,214
69,831

5,614
35,104
69,481

20,578
131,391

20.693
134,645

21,130
93,984
320,176

23,586
108,518
329,462

480453
3,971,822
9,369,423

522,416
3,859,547
8,569,304

184,037
1,790,099

116,459
509,862

63,682
365,597
744,190

58,964
239.423
512.591

371.415
2,011,092
4,493,010

520,888
1,997,669
3,982,500

35,458
266,586

I

1 to

33.178
240,226

Western Gas Co.—

MHw'eeGas-L

Co. June
Jan. 1 to June 30

Wheel.ALakeErle.b.June
241,484
Jan. l to June3o.... 1,343,829
July 1 to June 30.... 2,670,024

76,435
324,8f>3

765,031

Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.
* After deducting taxes to the amount of $7,524.

a.

Interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus
Int., rentals, etc.

>

,-Bal. of Net Barn's.-*

115,858

Kanawha A Mich

June

Ourrent

Previous

Year.

Year.

Year.

9

Roads.

Previous

Year.

$

$

*

July 1 to June i0....

9,384
108.731

8,836
107,528

A St I June
Jan. 1 to June 3o

328,911
1,785,428

221,071
1,557,739

San Fran. A No. Par June
July 1 to June 30

23,157
259,140

22,958
259,297

973

628

61,036

70,165

Tenn. Coal I. A BR. June
Jan. 1 to June 30 ...

54,777
328,661

46,563
279,378

129,260
1,461,438

69,896
230,484

Toledo A Ohio Cen.. June
July 1 to June 30....

32,151
399,365

37,181
409,134

•31.531
•360,076

<22.046
•128,312

. .

Pitts. O. C.

*

*10,812 *def 2,866
"57,238
*34,661
def. 1,144

365,944

47,923
300,300

After allowing for other lnoome reoeived.

1

9
45,313
2 5 v, 695

May

6,315
15,704

Jan. 1 to
July 1 to

Ourrent

Net Earnings.
Ourrent Previous
Year.
Year.

9

163,134
If 4,070
89 tf ,502
99 0,283
July lto June 30.... 2,092,448 1,816,523
S84,i01
265,714
Allegheny Valley. t».June
Jan. 1 to June 30.... 1,636,7j1 1,444,163
Blnghamton Gas. ..Juno
Jan. 1 to June 3»>...

Alabama Gt.So'th. a June

22.579
198,873

.

Net Earnings Monthly to Latest Dates.—The table following shows the gross and net earnings of Steam railroads
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of July 21, 1900.
The next will appear in the issue of August 24, 1900.

Roads.

26,472
244,245

above or deficit below those charges.

13.642
6.202
4,263
1,960

4,311

-Gross Earnings.
Ourrent Previous

25.327
189,491
115,123

•*• »•*»

573
48 707

573.4H8
124.539
70,155
14,545

179.470
164.207
973.641
886.577
2,230,814 1,924,222

19,929
173,411
96,614

Jan.

4,811

36 005

9
20,426
123,206
248,035

Denver Gas A Eleo.June
Jan. 1 to June 30....
Mar. 1 to June 30....

Pitts. C. C.

1,678

37.586
19.211
42.036
277,744

17,441
111,677
347,990

4,971
11,864

Char. A Y'h'y.May
Jan. 1 to May 31....

741
904

3,239
29,30

57,833
352.492
767,318

Year.

»

524.784
553,502
3.227,483 2,895.793
6,721,037 5,867.738

Pitts.

•»

64 9^0
29 823
123.18^
103.800
527.230
132 50H

Year.

6,244
13,117

3,400

420.138
85,018

Year.
*

Oonsol. Gas Co., N.J. June
Jan. 1 to June 30

• •-*

— -.

516 22
287 541
.

July 1 to June 30

9
46.382
293,682
732,991

Qd. Rap. Gas-L. Co. June
Jan. 1 to June 30....

6.026
2.209
11.285

s

Buffalo A S'squeh.a.June
Jan. 1 to June 3"....

FtndlayFt.W.<*W.b

•• -

m0

7.517
24,715

Year.

Roads,

4.075
69,958

44,590
10,223
31.432
504.940
307,324

16.24
33.641

7,352,436

Wet increase (6-71

1,472
39,732

t4.00l

588 4->3
130 828
Toledo A Ohio Central...
Toledo Peoria & Weot'ti

1,606

22,114
17,123
19,996

»

Detroit City Gas.... May
Jan. 1 to May 31....

9

13,858
407

64,408
35.755

LODlSV. Evansv A Bt,. I
Louisville A Nashville ..

Bt.

2.438

5

Intern'l & Gt. North'n . .
Iowa Central. ..... .„...

Peoria Deo.

543.000
97.728
1.819
249,59'
91.241
103,434
78.3»7
784.479
24.632
23,050
87.207
36.367
147,300
7,456
28.189

425,540

&M

Hooking Valley

Kanawha &

60 6«8

..

Chicago

Det. Gd. H.

100 400

Vol. LXil.

— Gross Earnings. — — Net Earnings.—^.
Ourrent Previous
Ourrent
Previous

Chic. Gt. West'n.b.June
Jan. 1 to June 30
July 1 to June 30

Decrease.

9

9
36,891
26,424

531.000
134,5«5

.

Increase.

|

52.221
241.f09
570,338
96.025
525,921
1,644
17,147
3,550
13,522
145,912

STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the

—

two columns of figures give the gross earnings for the
latest week or month, and the last two columns the-iearnings
for the oalendar year from January 1 to and including suoh
latest week or month.
first

..
.
.
.

July

—

:

.

THE CHRONICLE.

28, 1900.]

179

Latest Gross Earnings.

Gross

Week or Mo

Tear.

2,906
17.201

.

18/T0

16,488

CltyElec. (Rome.Ga.)
Cleveland Electric.
Cleve. Palnsv. A E. .
Col. Sp'gs Rap.Trans.

90166

Oolombus

(O.) Ry....
Consol. Trao. (Pitts.)

17404

242,179

213,218

82,620
72,797
2,596,194 2,437,526
53.187
19.587
3,551,286 3,437,730
369.9 8 325.592
19,203
12,570
964.519 824.48^
58 248
50 623
60,42»
45,893
462,676

4.297
13,850
614.952 639.165
73.947 63.141
2,754
3,005
172,542 t83.387
13,833 11 224
16,441 12,219

& Cov....

9

9

4.295
44,396

4,465

St. Ry... April
Atlanta Ry. & Power.
Ballston Terminal.
Bingham ton St. Ry..
Br'klynRap.Tr.Co...
Chicago & Mil. Elee..
Chloago Union Tract.

Newp.

$

Tear.

.......

.... ....
247.9
217,657
43,232
7,709
8,577
Dart.&W*port8t.Ry.
114,868 105,938 602,390
Denver City Tram.. .
721,765
Detroit Citi'ns'8t.Ry. 4th wk J're 40,325 34.399
268,798
Detroit Eleo. Ry.... 4thwk J'ne 13,119 10,083
Detroit Ft. Wayne
5,919
5.266 112,230
4th wk J'ne
4th wk J'ne 59,363 49,748 1,102,793
106,062
23.558 14243
Dnluth St. Ry.»
23,830 24,766 119,152
Easton Consol. Eleo.
85,142
18,545
34,741 31.396 146,127
Grand Rapids Ry
31,248 31,752 159,867
Harrisbnrg Traotion.

Herkimer Mohawk 11-

lon&F'kfortEl.Ry.

95,541
916,947
81,476
....

-

-

125,631
140,235

17,550
47,986

203,389 189,428 1,007,489

(Buffalo)

Interstate Consol. of
North Attleboro....
Johnstown Pass. Ry.
Kingston City Ry
Lebanon Val. St. Ry.

915,297

.

Mass. Eleo. Co.'s
April
Metro.(Elev.)Chicago
Metrop.St.Ry.(N.Y.)
Montreal Street Ry..

Ry
Ry

St.
St.

New Castle Traction.
New London St. Ry..
New Orleans City
Northern Ohio Tract.

Norwalk Tramway ..
Ogdensburg St. Ry..
St. Ry
Omaha &Coun. Blufl

Olean

Union Trac.
Richmond Traction..
Sacramento Electric

54953
67,939
28,265
2 ',835
48,399
22,445

63,423
15,079
92,352 1,440,463
62.650
11,917
16,848
97.071

29,936

June.......
*

June.

6,561
3,883
8,53*

17,273
154,263
13,928
19,016

Pottsv'e

Soranton Railway...
Southwest Mo. Elect.
Southern Ohio Tract.
Staten Island Eleo...

66,802
85,839
28 583
30,633
52,774
23.131

5*. 873

*

52,608
946,790
55.138
77,772

180,162
237,049

151 585
215,040

126,640

96,566
48.147
599,867

25,669
48,409
21,019
21,316

21,997
25,818
13.842 14300
122 68- 109 063

49 022
683,616

239 405 201,t<67 1,325,799 1,151,355
21,377

United P. & Transp.
United Traotion— )
Albany City <
United Traot. (Pitts.)
United Traot. (Prov.)

Inc. 23,

20.413

100,599

Inc. 132

004

111,932

879
605,630
784 013

116,787 110,436

633,760
171,244 148,182 910,375
211,347 175,617 1,076 642
7,250
5,738 "6,070
22.396

Winnebago Traction.

Worcester & Marl'b'h

Figures from May 1 cover Soranton Railway, Soranton
Soranton & Carbondale and Carbondale Railway,
t Strike in Cleveland from June 1 to 26, 1899.
*

&

919,64:4
2i",594

Plttston,

we adopt the same plan as that for the steam
roads—that is, we print each week all the returns received
railways,

that weefc, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of July 21, 1900. The next will appear
in the issue of August 24, 1900.
<*ros8 Earnings.
Current Previous

Tear.

Roads.

Atlanta

Ry A Po

b. June

Jan. 1 to JunebO
Ohio.
Milw. Eleo June
Jan. 1 to June 3o.._.

&

July 1 to June 30
Olev. Painesv. * E June
Jan. 1 to June 30....
Colorado Sp'gs R. T.May
Jan. l to May 31
Cons.Tr.(Pitttb >.b June
Apr. l to JunebO
Denver City Tr'mw June
Jan. 1 to June .-0....

Mar. 1 to June 30
42d8t. M. & St. N Ave.—
Apr. 1 to June
Harrisb'g Traofn.
Jan. 1 to June
Lima Ry. (Ob in)
Jan. 1 to June
Nov. 1 to June

.

30
June
SO
June
3u....
30....

8
44,928
242,179
13,850
53,187
117,967
13,833
58,248
16,441
60,428
247,990
731,948
114,868
602,390
4l9,b55

153,656
31,248
159,867
4.621
23,131
30,946

Tear.

9
44.396
213,218
4.297
19,587
11,224
50,623
12,219
45.893
217,657
637,948
105.938
569.637
396,036

130,209
31,752
140.235
4,740
22,445
29,493

»

—

,

—

Net Earnings.
Current Previous
Tear.

9
24,011
115,434
8,885
27,095
66,058
7,640
24,657
5,735
20,501
133.519

379448
49,940
245,822
179,205

Tear.
9

21,494
99,078
1,762
3,987

3.392
14.473
4.818
14,194
94.044
287,486

34089
172,042
123,957

28,583 def.20,644
10,804
12,031
47.630
61,962
2,105
1.438
7,671
6,432
10,168
9,041

19,871

i

17,685

12,260

9,039

29,936
180,162
151.401

Ry.& Bridge...., June
Saoramento Electric «-»as
& Railway Co ... June
to June 30
Jan.
Feb. 1 to June 30....

25,669
151.585
126,240

16,539

100 161

14.633
81,697
69,669
12,141
36,126

85,624
13.127
33,176

So. Light & Tract.. .June
Apr. 1 to June 30....

and Surplus.—The following Street

Interest Charges

railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c, with the
surplus or deficit above or below those charges.
^Bai. of Net Barn's.-*
Int., rentals, etc.
Previous
Current
Current Previous
.

,

Tear.

Tear.

Tear.

Tear.

Cons. Trac. (Pittsb.) June
Apr. 1 to June 30....
Oenv'r City Tram w. June
Mar. 1 to June 30

9,952
68,826
61,240
184,632
31.048
123,502

*
10.562
62.013
60,338
181,012
29,741
94,874

9
14,059
46,608
1 100,851
t28 ,506
18,892
55,703

*
13,932
37,065
t61.132
tl89,235
4,348
29,083

Sacramento Tleotrio Gas
June
& R ilway Co
Feb. 1 to June 30

8,964
43,998

9,195
45,92 6

7,575
41,6^6

5,438
23,693

9

Roads.
Atlanta Ry. A'Pow.June
Jan. 1 to

June 30....

—

After deducting $86,476 for
t These figures inolude other income.
interest and dividends on preferred stock in June. 1900, and SJT4.873
in 189P, there is a surplus of $14,375 this year, against a deficit of
$13,741 last year. From April 1 to June 30, 1900, interest and dividends were $259,671, against $224,618 in 1899 leaving a surplus this
year of $20,835, against a deficit last year of $35,383.

ANNUAL REPORTS.
Chicago Great Western Railway.
fiscal year ending June SO, WOO.
reports for the fiscal year ended J une 30 as
The company
{Statement for the

follows
1897-8.

1898-9.

1896-7.

1899-00.
$6,721,037
Gross earnings
Operating expenses. 4,490,223

$5,867,739
3,943,516

$5,386,044
3.777,373

$4,6*0,860
3,427,588

$2,230,814
Net earnings
Tax., rent & charges. 1,518,410

$1,924,222
1,460,173

$1,608,671
1,269,356

$1,253,272
1,162,499

Calance
$712,404
568,620
Dividend pref. stook*

$464,049
454,896

$339,315

$90,773

*

$143,784

Paid 5 per cent in 1900

$9,153

4 per cent in

;

1899—V.

70, p. 841.

Wheeling & Lake Erie Railroad.
(Advance statement for year ended June 30,

An
1900,

1900.

approximate statement for the year ended June 30,
is as follows, the Cleveland Caaton & Southern Divis-

ion being included
Gross earnings
Operating expenses

from Aug.

14, 1899:

$2,670,024
1,904,993

Net earnings
Other Inoome

$765,031
40,070

Total net inoome

$805,101
601,586

Charges
Balance, surplus for year

-V.

Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street

—

Omaha

Tear,

Tear.

Roads.
& Council Bluffs

Surplus

Ry. & Bridge
April
Philadelphia Comp'y

Twin City Rap. Tran
Union (N. Bedford)..

12 365
13 604

6,100
9,480
4.621
4.740
5,352
7,345
22.410
23 803
7,264
7.047
48 897
17,228 13,014
37,891
358.123 338,557 1,330.031 1.166,150
123.309
808,659 682,907
1287586 1188811 7,108,431 6,5*0.686
168,244 156,858
839.067
795,598
5,334
4,874
7,9r,4
30,980
27 3*6
7,668
46.112
11,445 12,033
38,098
5,837
21,548
22,243
6.774
109.404 108.123 489.451
434 929
38.293 30,0ti0 188,843
163,487
20.788
5,393
5,279
18,748
8,977
8,807
2,140
1,931
4,318
18,626
17,138
3,680

April

Los Angeles Tract..

3,763
16,479

14 315
15,7 6
6 665

Lima Railway (Ohio)
London St. Ry. (Can.)

Newburg

39,098
569.637
614.876
206,530

21,767
48,947

4,146
17,456

Houston Eleo. St. Ry. March
Internat'l Traction—

Muscatine

........

Net Eamings.Ourrent Previous

-Cross Earnings.
Current Previous
Tear.
Tear.

Date.

Previous

Tear.

44 929

Amsterdam

1 to Latest

Current

Tear.

$

Oin.

Jan.

Our'nt Prev'us

—

—

STREET RAILWAYS AND TRACTION COMPANIES.
Earnings.

JJ

$203,515

71, p. 31, 34.

Chicago Union Traction Co.
(Report for the year ending Jane 30, 1900. J
At the first annual meeting held on June 24 President John

M. Roach
Results.

said in substance:

—The business done during the fiscal year has been excellent,

showing a satisfactory increase over.business done the preceding year
by the leased lines, notwithstanding the trying oonditionsunder which
the company has passed during the first year of its existenoe. The
conditions upon which our earnings are based since the 1st of February, 1900, have been very unfavorable. Unsatisfactory conditions
have existed with the various industries which have not up to this
time been satisfactorily settled. The weather for the months of April,

May and June was

anything but good lor railroad business. The
Northwestern Elevated road, which started up on May 31, 1900. also
had its effect on the inoome of this company. With the settlement of
the industrial question and reasonably fair weather, the stook of the
company should be a good, profitable t nd safe investment.
Notwithstanding these unfavorable and embarrassing conditions,
we have earned a dividend on the preferred stook and besides the
road-bed and rolling stock are in better condition than at any time
during the history of these companies.
Improvements.— The expenses for electrical construction, equipment,
etc., have been very large, aggregating $821,236.
Other statistics are
Car mileage, 29,691,850; passengers
carried, 208,490,562; percentage of transfer passengers, 38*71
per cent; proportion of expenses to earnings, 50*31 per cent.
Earnings, expenses, charges, etc., were as follows:
:

Earnings and Expenses.—
Earnings—
18990.
Passengers
Mail, eto

$7,468,798
8,600

Total

$7,477,398

Expenses—

Income account.—
1899-0.

$3,715,601
Net earnings
Other income, including $764,603 onst'ks
owned and leased

Total

Maint. of way, eto
$193,667
"
equiptment..
381,083
Conducting transp'tlon 2,619,647
General
567,100
Total

$3,715,601

.

$246,034

Taxes.
Rentals

$3,761,797

Net earnings

Deduct—
Int. on loans, eto
Div. on pf. st'k (5 p.

Total
Surplus

868,350

$4,583,951
.
A n A„

c.)

3,688,452
45,390
60 0,000

$4,579,876
$4,075

J
J

JJ

.

:

THE CHK01S1CLE.

180
BALANCE SHEET jone

30, 1900.
Liabilities
Pref errr d stock
Common stock..

—

Assets12.000,000
Cost of stks. & leases $29,926,000
20,0t0,l00
116.689
Construction
158,922 Contingent liability—
Real estate
Gnar'ty of Chic.Con268.761
Equipment
sol. Tract. Co. gen60,839
Other property aeots.
6.750,000
eral mort. bonds.. ..
216,026
Reconstrn etion
82,3-15 Oper ag'eement with
Stocks and bonds
6,237,590
Chic. Con. Tract. Co.
130,034
Cash
143,470 Bills &accts payable
Coupon deposits
931,954
(includ. pay -i oils)...
14,29b
Advanc. int., rent. &c.
61,588
210,486 Employes' deposits...
Improvement lund...
164,170
257,942 Coupons
Accounts receivable..
6,827
106,661 Tickets
Material and supplies.
35,990
Accid't f und - reserve
Equit. Tr. Co., Chic,
2,737
6,750,000 Interest
trustees, gen. mort..
Rent for tracks and
Equit. Tr. Co., Chic,
1.396
terminals
6,500,812
trustees, trust aeree.
827,841
Rent for leased roads..
Equit. Tr. Co., Chic,
60,663
249,187 Taxes
trustees, oper. agree.
150,000
146,668 Dividends
Accrued dividends
4,076
532 31* Prolit and loss
Lease No. Chic 8t. RR.
Lease W. Chi. St. RR.. 1,053,380
i|

:-

$47,224,833

Total

$47,224,833

Total

—V.

70, p. 1095.

Toledo & Ohio Ceutral Ry.
(Statement for the year ending June 30, 1900.
Results for 1899 00, compared with previous years, were
EARNINGS, EXPEN8IC8 AND CHAKGE8.
1898-9.

1897-8.

18P6-7.

$1,897,868
1,385,277

$1,779,614
1,324,462

$455,152
10,255

$387,577

$46*,407
385,770

$395,785
435,697

.-,

—

15,251

$512,591
24,854

Total income

$759,441
399,365

$537,446
409,134

Fixed charges....

8,i08

aur.$3e0,076 sr.$128,312 sur.$79,637 def.$3S,912

70, p. 431.

United Traction Co. of Pittsburg.
(Report for the year ending June 30, 1900.
Results for three years were as follows:
EARNINGS, EXPENSES AND CHARGES.
1897-8.

$1,814,951
862,208

$1/04,111

$1,475,765
694,820

$952,743
$650,882

$872,432
$622,906

$780,94 5

(5)150,000

(5)i50,O0O

(5)150,000

$151,861

Netearnings
Fixed charges
Dividends on preferred

1898-9.

$99,526

$50,500

Balance, surplus
70, p. 329.

731.679

debt.— V.

70, p. 1051

American Pneumatic Service Co.
(Report for the 6 months ended Dec. 31, 1899. J
President Dillaway, at the annual meeting, said iu substance
The action of Congress regarding pneumatic tube appropriat'on was
radically changed from what was at first indicated by the vote
of the House abolishing all appropiiations for pneumatic tube service
The Senate apparently assumed a decided stand as to the utility
of this service for publio mail. The House was at last obliged to accede to the views of the Senate and to appropriate the amount necessary for continuing the system under existing contracts and further
appropiiate $10,000 for the expenses of an investigation into the o st
of constructing and leasing pneumatic tube systems to be made by the
:

Postmaster-General.

1899-0.

Gross earnings
Operating expenses

rivets.

resolution adopted by the stockholders and board of directors at a meeting held Aug. 23, 1899, it is provided that:
The preferred stock is entitled to receive a cumulative yearly dividend of 5 per cent, payable quarterly on the first days of January,
April, July and October in each year before any dividend shall be set
apart or paid on the common stock; to be paid in full, both principal
and accrued dividends, in the event of liquidation or dist olution of the
oompany, before any amount shall be paid to the holders of the general or common stock. To rf quire the consent in writing of a majority of the holders thereof to the creation of a mortgage.

floating

1,361,402

i

$744,190

and

By

$1 ,750,979

Net earnings
Other income

Balance

steel bolts, nuts

Last dividend on preferred stock March 31, 19C0, V/i per
First dividend on common stock 50 cents per share
paid Jan. 25, 1900; another dividend of 50 cents per share
declared April 3<>, 1900, paid May 31, 1900. No funded or

1869-00.

—V.

of rolls, etc. Annual capacity, 20,000 gross tons muck bar, 24,000
gross tons bar iron.
Central Works, Lebanon, Pa. (formerly Pennsylvania Bolt & Nut
Co.)— fa; Boiling mills, roll Iron a' d steel; ten double paddling furnaces, six trains of rolls, etc. Annual capacity, 50,000 gross tons.
( b) Factories, producing iron and steel forgings,
oar lorgings, bolts,
nuts, washers, lag screws, railwav track bolts, track spikes, etc.
West Works, Lebanon, Pa. (formerly Lebanon Iron Co.)— Rolling
mills, iron and steel; seven double puddling furnaces, three trains cf
rolls. Annual capacity, 15,000 gross tons.
Reading Works, Reading, Pa. (formerly J. H. Sternbergh & 8on) —
(a) Rolling mills, iron and steel; live trains of rolls. Annual capacity, b 5,000 gross tons,
(b) Factories producing iron and steel forgings. oar forgings, ship and boiler rivets, bolts, nuts, washers, lag
screws, railway track bolts, etc
North Reading Works. Reading, Pa. (formerly National Bolt, Nut
& Rivet Works)— Faotorles, producing all sizes and kinds of iron and

cent.

$2,366,910
1 ,622,7 20

Gross earnings
Oper. expenses

[Vol. LX2J.

$i90,445

-V.

American Cement Co.
of May 1, 1900
incorporated Aug. 30, 1899, under the
This company was
laws of New Jersey. Its properly consists of the following:
All the $199,550 capital stock of the American Cement Co. of Pennsylvania, a company incorporated April 8, 1889, under the name of
the Pennsylvania Cement Co., name changed March 11,1890. The
company owns five cement works and some 300 acres of lands and
( Statement

quarries at Egypt, Lebigb Co., Pa.
Also CCO shares, being the entire issue, of the capital stock of the
United Building Mateiial Co. of New J ersey, located at 621 Broad-

way, New York City. This company was incorporated March 15,
1890, for the purpose of dealing In cement, barreling and warehousing the same, and also for manufacturing, if such be necessary. The
oompany owns boats, barges, stock of merchandise, warehousing
buildings and leases of wharf property iu Jersey City and New York.
Also the business, good-will and fixtures, leases, merchandise, etc.,
of the Arm of Lesley & Trinkle, of Fairmount and Delaware avenues,
Philadelphia.
Also the Jordan Poitland Cement Works, of Jordan, Onondago Co.,
N. Y, including lands, marl and clay beds, oovering nearly hOO acres.
Also in fee and on mining leases some 2,500 aores of cement lands
carrying about 27 miles of water front on creeks and streams in Nansemond and Isle of Wight counties, Va., near Norfolk, Old Point Comfort and Newport News, Va.

The mortgage

for $1,000,COO, dated Nov. 9, 1899, conveys
to the Girard Tiu^t Co. of Philadelphia, trustee, all the
property, real and personal, of the American Cement Co
together with the $499,550 capital stock of the American Cement Co. of Pennsylvania.
sinking fund clause pro
vides that the company shall pay over to the trustee the
sum of $30,000 before Sept. 1 in each year, from and including the year 1900; bonds to be drawn by lot at par and interest, if not purchasable at this price or better.
Total funded debt, $1,000,000 first mortgrage and collateral
trust 5 per cent gold bonds, due Oct. 1, 1914. Floating debt,
none. Authorized capital stock. $2,100,000, of which $2,G00,000 has been issued lull paid, and is now outstanding; $100,000 reserved in treasury. Dividend periods, January and
July. Last dividend paid Jan. 15, 1900. 2 per cent regular
and 1 per cent extra for four months. V. 70, p. 1250.

The American Company will begin in a few days the construction
of its system in Boston for the carriage of parcels and messages for
general and publio use, independent of mail business. It is a safe estimate that in * city even of the size of Boston there are annually
sent to the different districts from the retail stores between 6,000,000
and 7,000,000 packages, the larger part of which could be oarried
in pneumatic tubes, at a tremendous saving of time and with no increase, and probably a decrease, in expense. Applications have already begun to be made to the looal company in Boston by retail
storekeepers for the delivery of their goods, and there is no doubt in
our minds of the great extent of this business.
Seveial of the large department stores of Chicago distribute and
deliver between 4,000,000 and 5,000,000 packages per year each.
The prospect indicates favorable action on the part of the City Council of Chicago in granting a franchise to the American Company, and
their action will likely be followed by that of several other cities in
which the American Company is already applying for rights in
streets.

The company was incorporated July 1, 1899, and the following report is for the six months to the end of the fiscal year
Ddc. 31. The company during this period was not in a position to have any earnings from output of its own, and the
e^rLings comist therefore of income from investments, interest, and from negotiations for the sale of some foreign
patent?,

viz..:

[ncome from investments, etc
Expenses
Net Income

One quarterly dividend (Us

p. o.)

$50,741
1,943
$48,798
on $3,242,600 pref. stock... 48,t39

Balance carried to surplus aooount

$159

BALANCE SHEET OF DEC.

A SS€-t8
Investments
Cash
Notes and accounts

$3,176,47«
50,0S5
re-

53,089

ceivable

31, 1899.

Liabilities—
Capital stock outst'd'g.$8,150.000
S bso'n on acct. of stk.
12f ,637

Accounts payable
Profit and loss

8fc6

159

,

A

—

American Iron & Steel Manufacturing

Co.

tatement of Api it 30, 1900.
The Philadelphia Stock Exchange recently listed this company's $17. 000,000 common stock, par value of shares $50,
upon which there has been paid $5 per share, and $3,000,
000 preferred stock, par value of shares $50, full paid. Both
stocks are registered by the Provident Life & Trust Co.;
transfer office, 815 Drexel Building, Philadelphia.
An official statement as ot April 30. 1900, follows:
The company was incorporated Aug. 21, 1899, under the
laws of Pennsylvania. Its properties art:
East Works, Lebanon, Pa. (formerly East Lebanon Iron Co.) — Rolling mills, iron and tteel; eight double puddling furnaoeB, throe trains
ft.

Total

$8,279,662

Total

$8,279,162

—

" Note
Stockholders will bear in mind that while this report purports to be for the first six months of the company's
business, the active business covered is but for three months,
from October 1 to December 31, because the cempany did not
begin active business until about Oct 1."
The balance sheet of March 31, 1900, was in V.70, p.1046.

Flemington Coal & Coke Company.
(Report for year ending April SO, 1900. J
President S. L. Simpson, at the annual meeting, said in
substanct
The output has been increased from an average of 6CO tons per
working day to l.OCO tons. When certain new buildings and other
improvements are completed, which will be within a few months, the
output will lie increased to 1,500 tons. A complete trolley system
has been installed in the mines capable of handling 4.000 tons of ooal
per day. The Baltimore <fe Ohio RR. Co. has put in four sidings on
the property during the year and also, at? its own expense, weighing
soales. so that the cars can now be weighed at the mines instead of at
the nearest weighing point as heretofore.
All enoumhrances, liens, etc, against the property have been paid
offexoept the bonded indebtedness, the ordinary current expenses,
and a balance on the cleotrlo tramway system, whioh 1b payable during the next year and a half.
The average prolit of the company at the present prioe of $1 10 per
ton at the mine should be about 30 cents p*r ton. but at present the
oompany is delivering some coal on old oontraots taken at 65 cents
per ton. When these are out of the way the company should make its
full profit.

July

—

J

:

—

.

—

;

THE CHRONICLE.

28, 1900.

BALANCE SHEET OF APHIL

181

The decision is based on the facts that the company legally least d the Sea Beach BR.; that the lease
$2,500,000 carried with
Real estate, rights, etc. $3,300 000 Capital stock
the right to charge an extra fare
it
5(0.000
57,500 Bonds
Treasury Block
that the Sea Beach RR. received its charter before tbe
'78,479
360 363 Bllln and acots. pay'le.
Improvements
19,7^8 Res'd for May paym'ts.
33,223 One- Fare law was passed and that the One- Fare Law did not
Personal property
13,596 Store bills payable
7,3*7 refer to roads with a steam railroad franchise.
Cash
.....
The Brook4°,20O
1,310 Loan account
Unexpired insurance..
lyn Heights Company, the Court observes, would have the
692,180
42,083 Surplus account
Electric plant
right to charge an extra fare on the Sea Beach line if it com4.795
Store building
9,713
pelled passengers to change cars where the Third Avenue
Store merchandise
2,232
8tore personal prop'ty.
line crosses its tracks, and that there is no reason for so con49,168
Accounts receivable...
struing the Railroad Law as to compel the company to forTotal
$3,f-60,448
.$3,860,448 feit this light because it had voluntarily connected the
Total
-[See also item In V. 71, p. 137.] V. 68, p. 1076.
tracks of the two lines for the convenience of passengers.
The McNulty suit to annul the charter of the Brooklyn
Heights RR., on the ground that the railroad company has
no right to charge more than five cents fare, is still pending
before the Attorney-General, but it is thought will probably
be dismissed in view of the afore said decision. V.70, p. 83, 28.
RAILROADS. INCLUDING STREET ROADS.
0.

A

30, 19C0.
Liabilities

gc£ fa

vote.

—

GENERAL INVESTMENT NEWS.

—

Amsterdam Street TiR.— Purchased.— See Fonda Johnstown & Gloversville RR, below.
Atlanta Fy. # Power Co.— New Ordinance.—The City
Conncil on July 16 adopted a new ordinance, introduced by
Councilman J. W. Pope, granting the company a 20 year
franchise to do electric lighting. The Aldermanic Board and
Mayor also have to act on measures of this kind. — V. 71, p. 27.
Atlanta Rapid Transit Co.— Bonds.—The company has
made a mortgage to the United States Mortgage & Trust Co.

New York, trustee, securing §1, COO, 000 of first mortgage
bonds of tbe denomination of $1,000 each, bearing interest at
the rate of 5 per cent per annum. The Georgia Electric L ght
Co. also has made the same tiust company its trustee for
$2,000,000 first mortgage bonds of the value of $1,000 each,
In each instance the bonds are
bearing 5 per cent interest
dated July 2, 1900, and are payable in gold on July 1, 1930,
but "may be redeemed at the option of the company on or
after July 1, 1905, or any other day on which the interest is
payable, at the rate of $1,050 and accrued interest." The new
loans are created for the purpose of making additions to the
{)lants of both the street rail way company and the electric
ight company. The " Atlanta Constitution " says:
of

:

-

.

For some months past the Atlanta Rapid Transit Co. has been
aotively engaged in extending ita lines. The new line on Auburn
Avenue and Ivy Street has been in operation for some time, and the
contractors are now engaged In pushing work on the company's line
to Decatur.

The company

is

now

seeking to condemn the Atlanta

Railway Company's tracks on Peacutree Street between Walton Street
and Auburn Avenue for the purpose of connecting its Decatur 8treet
line and river line. The road also contemplates going out Whitehall
Streot, and if it is successful in ita condemnation proceedings, the

work of extending the tracks In all directions will doubtless begin.
The Georgia Electric Light Co. has been at work putting down its

underground conduits, and considerable money has been spent in perfecting the system. It is expected that new and improved machinery
will be Installed at the company's plant in the very near future.
H. M. Atkinson is Secretary and Treasurer of the Rapid
Transit Company and President of the Electric Light Com*

—

Central Pacific Ry. Retirement < f Additional 3%s The
of 3^£ per cent bonds outstanding, which was rednced by $2,505,000 last February through purchases made
with income received from the sinking fund and from land
sales, has been in like fashion further reduced from $21,090,000 to $20,486,000.— V. 70, p. 1194.
-

amount

Chicago Burlington & (Jnincy RR.— Called Bonds.—Denver extension 4 per cent bonds due Feb. 1, 1992, viz.:
Eighty-four (84) bonds for $1,000 each and seventeen (17)
bonds for $100 each, have been drawn by lot and will be purchased at par by the New Eogland Trust Co., Boston, on
Aug. 1, from which date interest will cease. V. 71, p. 134..

—

Chicago Consolidated Traction.

SutroSuit.

&

—Tbe hearing

of the suit in which Sutro Bros.
Co. of New Yoru City
seek to force an accounting and a cancellation of the $6,750,000 mortgage given by the Chicago Consolidated Traction
Co. on its property came up on Wednesday in Chicago. On
agreement the case was adjourned to the September term of
the Court. It was ordered that in the meantime there should
be no transfer of the Chicago Consolidated stock or any action taken affecting the transaction referred to in the bill of

complaint.— V.

71, p. 28.

& Louisville Ry.— Listed.— The
Stock Exchange has listed $300,000 additional 5
per cent refunding mortgage bonds of 1947, making total
amount listed up to date $3,542,100. The additional bonds
have been issued against improvements, additions, new
equipment, etc. The earnings for the eleven months ending
Chicago Indianapolis

New York

May 31 were
11 m os. —

:

Gross.

-V.

Xet.

Charges.

Bal.,snr.

$3,824,531
3,171,457

1899-1900
189S-1'99

$1,421,344
1,012,135

$881,»46
878,213

$539 398
133,932

71, p. 83.

Chihuahua & Pacific RR.—Subsidy Amended— Proposed
Extension.— We learn it is true, as reported, that the Mexican
pany.— V. 69, p. 9( 5.
Government has amended the company's subsidy with a view
to the building of important extensions. The first section of
Atlantic & Danville Ry. Redemption rf Preferred Stock.
Of the company's $4,425,000 new 4 par cent bond?, $500,000,it the road is now in operation from the city of Chihuahua to
will be rf m mbered are reserved for improvements and the the station of Minaca, a distance of 125 miles. On this section
balance ($3.9^5,000) were made applicable to the retirement of a subsidy of $1,400,C00 in 5 per cent sinking fund bonds,
the $1,238,000 old 5 per cent bonds and the $3,099,2C0 pre- forming part of the interior debt of the Government of Mexferred stock. The first issue of new 43. $3,175,000, netted the ico, has already been received. The second and third seccompany, it is supposed, about $2,794,000, affording after tions, each aggregating 155 miles, will be an extension of the
payment of the first 5s, June 29, a considerable balance ap- first section to the port of Topolobampo, State of Sinaloa, a
The second section is to be
plicable to the principal of ihe preferred share?. The method place now called Port Stilwell.
of paying eff the latter, President Newgass informs us, will be completed by April 27, 1903, the subsidy thereon to be $3,-

—

as follows

"The modus operandi

for the distribution of the money
the preferred sharehold* rs is as follows After payiDg
all the outgoings and meeting certain liabilities which existed, etc., there will be a distribution in cash— which it is intended to make within two or three months—of 40 per cent.
There will be a further distribution abont October or November, 1901, out of the proceeds of th« $750,000 which will
be received on the 1st of Joly, 1901. Then another distribution will be made in the latter part of ISO! and 1909.
by which date the Atlantic & Danville preferred shares will
be entirely canceled and will disappear. The shares will
be endorsed on the back whenever a payment is made with
a stamp certifying that a payment of so much per cent has
been made."— V. 70, p. 1194.

among

:

Ohio RR.— P. & W. Preferred Stock.-Sce
Pittsburg & Western Ry. below.— V. 71, p. 83.
Boston & Albany RR.— lease.— President William Bliss is
quoted as saying that the formal transfer of his road to the
New York Central, under the terms of the recently-approved
lease, is likely to be delayed several weeks and may not occur
much before Oct. 1.—V. 71, p. 134, 83.
Brooklyn Rapid Transit Co.— Favorable Decision as to
Fares.— The Appellate Division of the Supreme Court on
Monday, in an opinion written by Judge Hirschberg, decided
that the Brooklyn Heights RR. Co. has the right to charge
a ten-cent fare to Coney Island by way of the Sea Beach
l^ e which decision applies to the Third Avenue line, the
West End line and that down Grravesend Avenue. The
principles laid down also apply to the Brighton Beach line.
The decision was rendered in the suit of Arthur Barnet
to recover $65 damages for being put off of one of the
Third Avenue cars because he refused to pay the additional five cents fare. All the justices concurred in the
Baltimore

&

>

decision except Presiding Justice Goodrich,

who

did not

000,000 in like 5 per cent bonds. The third eection must be
built by April 27, 1905, and its subsidy will be $1,750,000 in
similar bondp.
With the aid of the additional subsidy, Mr. Arthur E. Stilwell, President of the Kansas Mexico
Orient RR. Co proposes to build the aforesaid extensions of the Chihuahua
Pacific Ry., his intention being to use the C.
P. as part of
the projected new line from Kansas City to the Gulf of California. There has been no change, however, in the ownership of the Chihuahua
Pacific Company.— V. 66, p. 573.

&

,

&

&

&

—

Cincinnati Street Railway.— New Stcck. The stockholders on Wednesday authorized the proposed issue of $2,000,OCO
slock. Of the additional shares $650,0C0, it is expected, will
be issued about Oct. 1.— V. 70, p. 1249.

Cleveland Electric Railway.— New Stcck.— The stockholders will vote Aug. 9 on a proposition to increase the
capital stock from $12,000,000 to $13,000,000.— V. 70, p. 63?.
Danville (Va.) Ry.

&

Electric

The company has made a mortgage

Co.— Bonds Authorized.—

&

to the Guardian Trust
Deposit Cc.of Baltimore, as trustee, to secure $400,000 40- year
5 per cent bonds.

Delaware Lackawanna & Western RR.— Warren RR.
Bonds Refunding. Messrs. Redmond, Kerr & Co., with
Messrs. Joseph Walker & Sons as associates, have purchased
$2,000,000 Warren RR. Co. first mortgage refunding bonds.
The proceeds will be need to retire the $750,000 seven per
cent bonds maturing Oct. 15, 1900, to provide for the refund-

—

ing or retirement in 1905 of the $600,000 consols, to reimburse the Delaware Lackawanna & Western for advances of
some $50,000 made to the Warren^Road, and the balance for
extensions and improvements. The new mortgage is limited to $2,000,000, the bonds being 100-year gold 8*4 per
cents, dated August 1st, with/interest periods February and
August.

—

:

—

—

—

THE CHRONICLE.

182

The same plan will probably be followed in refunding all
the branch and main line obligations of the D. L. & W.—
V. 71, p. 134.
Detroit & Lima Northern Ry.— Receiver for Southern
Division Discharged. Joseph Robinson, who was on June
29 appointed receiver for the Columbus Northwestern, the
southern division of the Detroit & Lima Northern, was on

—

the 19th inst. relieved. The receivers of the main line will
operate the road, and have been authorized to issue $74 000
receiver's certificates to complete the unfinished eight miles of
road south of Lima to connect the two divisions. — V.J71, p. 84.
Fonda Johnstown & Gloversville RR.—Purchase.— The
company has purchased the Amsterdam (Electric) Street Ry.
and its lighting and power plant, and, it is stated, will extend
the road to Rockton and Hagaman, a distance of 4 miles.

&

New Bonds Offered —Rhodes Richmond, 20 Broad Street,
are offering $200,000 of the new general refunding mortgage
50-year 4 per cent gold bonds, due July, 1950. V. 71, p. 84.

—

Great Northern Railway of Canada. New Line Almost
Completed— Official Stattment. This road has been constructed from Riv-a pi ere, on the Quebec & Lake St. John
Railway, to a connection with the Canada Atlantic R v. at
Hawkesbury, \12% miles; branch to Shawinigan, 4J^ miles;
total constructed road, 177 miles. The line is all completed
except the bridge across the Ottawa River at Hawkesbury,
which will be finished and the through line opened not later
than Sept. 1, 1900. The Lower Laurentian Ry., 39*^ miles in
length, has been purchased by and forms a part of the Great
Northern Railway of Canada. One hundred miles of the latter's track is laid with 70 pound steel rails and the remainder
with 56 pound rails; gauge, 4 feet 8% inches.
The company has contracts running for twenty years with
the Canada Atlantic and the Quebec & Lake St. John for interchange of traffic on a mileage basis, and the said companies will operate steamsbip lines between Chicago and
Parry Sound and Dulnth and Parry Sound, and between
Quebec and Liverpool, England, and Quebec and Manchester, England.
Under the charter of the Chateauguay & Northern Railway the Great Northern Railway of Canada is building a
line between Joliette and the city of Montreal. This line
will be 36 miles long and will be completed in the spring of
1901, giving the Great Northern Railway of Canada
direct entrance into the city of Montreal, where it will have

—

its

own

terminals.

Financial Statement.

—The

financial statement of

Aug.

1,

1900, follows:
Capital stock,

Authorised.
$4,550,000
3,000,000

common

Do
Do

do debenture
do preferred
First mortgage 5 per cent 50-year sinking
fundbond8. due Jan. 1, 1950, $6,O0O,< 00
Series A ($20.c 00 per mile on constructed
road). $500,000 Series B (Hawkesbury

450,000

Issued.

$3,000,000
None.
None.

•

Bridge). Trustee of bonds. Central Trust
Co. of New York
6,500.000
Equipment bonds, 6 p. c due 1900-1905, in
.

4,040,000

fVoL.

LXXI

company's $250,000 first mortgage 5 per cent $500 gold
bonds, the remaining $35,000 being reserved for extensions
and betterments. The bonds are dated July 2, 19 0, and are
due, $125,000 of them, July 1, 1925, and the remainder in annual instalments varying from $5,000 to $9 000 yearly on
July 1, from 1905 to 1924, both inclusive. Tuey are redeemable at tbe option of the company after 1905 at 105 and interest.
The price at which they are offered ranges from
lOOJ^ to 101 3^, according to their date of maturity. The
principal and semi-annual interest (January and July 1st)
are payable at the Royal Trust Co., Chicago.
circular gives the earnings for the years ending Feb. 28,
etc., as follows:
'his

A

Tear.

Gross.

Tear.

Net.

Net.

Gross.

189900

$50,912
$26,646 1897-98
$19,282
$46,416
1898-99
53,551
25,206 1896-97
41,168
18,081
The bnsiness has shown a steady increase and growth each year.
The company has a contract with the City of Keokuk for 170 aro
lights for street lighting at $75 per light per annum, moonlight
schedule, whioh more than pays the interest on the entire bonded indebtedness. The property shows a cash investment ot over $3 0,000,
and the present management is now expending about $»2,t>00 additional to increase the plant, whioh is necessitated by a demand for
service greater than its capacity."—V. 69, p. 1148.
'

i

—

Long Island RR. Officers. The directors have elected
the following Pennsylvania RR. men as officers: Comptroller, R. W. Downing; Assistant Comptroller. M. Riebenack; Treasurer, Robert Smith, and Assistant Treasurer, J,
Wood.

—

The $1,500,000 seven per cent mortgage
Satisfied.
1868, has been satisfied of record.
The bonds maMay 1, 1898.—V. 70, p. 1195.

Mortgage
of

May

1.

tured on
M assachnsetts Electric Companies. Purchase. The
stockholders will meet July 30 to confirm the purchase of the
South Shore
Boston Street Ry. Co., and to authorize the
issue of new stock on the basis, it is understood, of one share
of preferred and three quarter share of common stock for
each share of South Shore
Boston stock. The latter's stock
is $690,000, calling for the issuance of $690,000 Massachusetts
Electric preferred stock and $517,5'
common stock.
At the same meeting, it is stated, a proposition will be submitted to purchase the Lowell
Suburban road, now
leased, and to issue for that purpose $1,500,000 common and
$2,000,000 preferred stock. The capital stock of the suburban road consists of 10,000 shares, par value $100, each of
which, it is understood, will be excbanged for $150 in the
common and $'200 in the preferred stock of the Massachusetts

—

—

&

&

&

Electric Companies.
Dividend Period. At the meeting July 30 the stockholders will also be asked for authority to change the dates for
the payment of semi-annual dividends on the preferred shares
from June 1 and Dec. 1 to Jan. 1 and July 1 in each year.—
V. 70, p. 1291.

—

Montville Street Ry. of Connecticut.—Bonds Offered.—
& Parish, of New Haven, Conn., are offering at 106}£
and interest $250,000 first mortgage 5 per cent 20 year $1,000
gold bonds of this company, whose line connects the cities of
New London and Norwich, Conn. The bonds are dated May
1, 1900, due May 1, 1920.
Coupons payable May and November 1 at American Loan & Trust Co. Boston trustee for
bondholders under law of 1893— Treasurer of Connecticut.
The capital stock (fully paid) is $250,000, and the limit of first
mortgage bonds on present property is $250 .000. There are
also held in escrow $100,000 additional first mortgage bonds,
which under the terms of the trust detd may be withdrawn
only for 66 per cent of the actual certified cost of improvements or additions to the property.

Newton

eemi annual instalments
320,000
History, Elevator, Equipment. Further facts as to the
enterprise follow
The company was chartered March 30th, 1883. by the Legislature
of Quebec and by the Dominion Government on July 9th. 1892 and
the amendments thereto. On June 23, 1900, its title was ebaDged
from that of Great Northern Railway Co. to Great Northern Railway
of Canada, and the charter made perpetual by Aot of Parliament
The company's shopa at Quebec will be finished by Sept. 1st, 1900. and
will have acapacity of rour box oars per day. The entire capital
stock of the Grea' |North»-rn Elevator Co. at Quebec is owned bj the
Great Northern Railway Co. of Canada. The. elevator at Quebec,
which has a net capacity of 1,0< 000 bushels, now being constructed,
Moore County & Western RR.—Payment of Interest Dewill be finished by Sept. 1st, 1900. The company owns 6(0 box cars,
90 flat oars, 100 gondolas, 2o passenger oars, 3 combination cars, 10 ferred.—The coupons due March 1, 19o0, on the construction
bonds has not been paid, but "an extension," we are inengines 6 cabooses. 50 stock cars and 2 refrigerator cars.
The Lower L,aurentiaD and tbe constructed part of tUe line have formed, has been granted by the bondholders.— V. 69, p. 695.
been heretofore operated under a nominal lease to the Quebec & Lake
Northern Central Ry.— New Stock.— Of the new stock, reSt. Jobn, and the remainder of said line was still in the hands of the
cently authorized to be increased to $12,0(0.000 (see V. 70,
contractors prior to Aug. 1st, ii.00.
p. 333, 430, 687), $2,503,983 was subscribed for by stockholders
The directors and officers of the company are:
Officers.
The company has also issued $1,439,350
Directors.— Pierre Garneau. Jobn Sharpies, John T. Ross, Victor at $70 per $50 share.
additional stock to purchase securities of other companies
Chateaubert, James McNanght. H. H. Melville, Jules Teasier.
Officers— Pierre Garneau, President; John Sharpies, First Vice- and for other corporate purposes, making the amount now
President; James MoNaugut Second Vice- President H. H Melville,
Third Vice-President; J. G. Scott, General Manager; A. E. Hoare, outstanding $11,461,483.— V. 70, p. 1195.
Chief Engineer; Alex. Hardy, General Freight and Passenger Agent;
Ohio Southern RR.— Earnings.— The results from the
Ernest E. Ling, Teasurer. and Louis T. Scott, Secretary.— V. 70 p. 945. operation of this road from
Jan. 1 to April 30 were $299,049
Gulf & Inter-State Ry.— Application Denied. The appli- gross, as against $253,394 in the corresponding period in the
cation for the appointment of a receiver was denied by Judge previous year, and the net earnings were$l 15,750, «s compared
Cavin at Galveston on July 17.— V. 70, p.'„1249.
with $79,719. The road earned in 1899, gross, $785,802, and
Indiana Illinois & Iowa RR. New Mortgage Authorized, net, $291,996. The net earnings have been used for improveThe stockholders on July 24 authorized the proposed consoli- ments.— V. 70. p. 532.
dated mortgage to secure $12,000,000 fifty-year 5 per cent
Pittsburg Painesville & Fairport
Default— Circubonds to provide for improvements and extensions and for lar. Default occurred July 1 on both the first mortgage 5s
the retirement, it is understood, of the $3,000,000 existing of 1886 and the terminal bonds of 1889. More than 90 per
bonds when due. Any definite plan for issuing the new cent of the first-named bonds has been deposited with the
bonds, we are informed, has been abandoned, but as the Mercantile Trust Co. under an agreement prepared by the
stockholders' meeting had been called, it was thought as well protective committee, Cyrus J. Lawrence, Chairman. In a
to authorize the mortgage against future contingencies.— V. circular Mr. Lawrence says:
70, p. 1291.
Mr. Thomas M. King, reoelver of the Pittsburg * Western, informs
committee that, while
Kansas Midland Ry. Sr Id.— This property was bought in yourha« earned the interest the Pittsburg Palneisville <& Fairport Bailway
on all its bonds, he will
compelled, in
at the foreclosure sale July 25 for $500,000 by Alfred R. Peck order to comply with the provision of the Intei State be
rounn. roe Law,
and Harry Bronner, representing the bondholders. The St. to use these arnings for the purpose of adding air brakes and couplers
Louis & San Francisco RR. Co. has arranged to acquire to the *quipnient, and will therefore be unable to provide the money
to pay tbe coupons maturing on July 1. Koudholdera should not feel
the property.- Sre V. 70, p. 740,945.
In he least uneasy about this default, whioh the committee hopes will
Keokuk ( Iowa) Electric Ry. & Power Co.— Bonds Offered. be only temporary, as the receiver himself admits the ability of the
earn Its
property
that the property is
Duke M. Farson, of No. 115 Dearborn St., Chicago, III., twioe thetomortgage. fixed charges, also plan covertng all theworth
A reorganization
lines
for sale by advertisement on another page $215,000 of composing the Pittsburg & Western system is expected to be Issued
offers

—

,

—

;

—

—

RR—

—

t

i

—

;

—

—
July

—

:

:

THE CHRONICLE.

28, 1900.1

sometime this fall, and your oommlttee will Insist on terms for your
bonds commensurate with the value of your security.— V. 69, p. 542.
Pittsburg & Western Ry.— Preferred Stock.—The Baltimore & Ohio interests have arranged to purchase a majority
of the preferred stock from the preferred stockholders' committee, the price netting the holders $12 50 per $50 share.—
See below. Toe greater part of the common stock and of
the first and second mortgage bonds being already owned,
the way is cleared for the reorganization plan, which is to
be brought out early in the fall. It was reported yesterday
that 93 per cent had already agreed to sell.
Meeting 1o Act on Sale.— The preferred stockholders' committee, A. Foster Higgios, Chairman, gives notice that acting under special written authority of the holders of more
than a majority in amount of the preferred stock, the com
mittee has negotiated a contract for the sale of the same.
The purchase price, as said above, is $12 50 per $50 share. The
contract provides that the purchaser shall purchase at
the same price all stock represented by the committee whose
meeting of the
owners may elect to accept such offer.
holders of certificates issued by the Knickerbocker Trust Co.
is called for Aug. 7 to vote and take action upon the proposition.— V. 70, p 842.
Portsmouth (Ya.) Street Railway.—Sold.— This property
has been sold to a syndicate.— V. 70, p. 946.
Quebec & Lake St. John Ry.— Reorganization Plan
Adopted.— The holders of certificates representing 5 per
cent first mortgage bonds deposited with the London Bondholders' Committee adopted at a meeting held July 5 resolutions authorizing the committee to carry out a plan for the
reorganization of the company, as contemplated by the recent Act of the Legis ature of the Province of Quebec. The
plan provides for the creation of the following new securities:
Sterling prior lien 4 per cent bonds, to he secured on the en-

A

J

83

$3,000,000 Equipment Trust.— Drexe] & Co. of Philadelphia
have secured subscriptions to $3,000,000, Series A, 4 per cent
equipment trusts, dated May 1, 1900, and payable in semiannual instalments on April 30 and Oct. 31 till Oct. 31, 1907.
The trust covers the following new equipment
Eighteen passenger engines, 1.9PO double-hopper coal cars, 500
200 coke oars and 800 ventilated box cars.
This equipment was bought in the name of Edward Stotesbur^ and by him leased to the Southern Railway, the lease
being then conveyed to the Provident Life
Trust Co. of
Philadelphia in trust for the benefit of the holders of the
aforesaid equipment trusts.— V. 71, p. 85.

flat oars.

&

& Logansport Ry.— Distribution

Terre Haute

to

Woods

holders.— Judge

Bond-

of the United States Court at Indianapolis, it is stated, has ordered Receiver Volney T. Malott to
pay $5,222 55 (?) to Benjamin Harrison, trustee, for distribution among bondholders of the old extension mortgage for $1,000 000 foreclosed. The bondholders will receive about $37 (?)
n-t per $1,000 bond. The distribution will be made in New
York by the New York Security
Trust Co. and in PhilaCo.—V. 70, p. 1046.
delphia by Drexel

&

&

Texas & New Orleans RR.— Bonds Authorized.—The stockholders on July 17 authorized the new first mortgage 4 per
cent bonds, to be issued for purposes stated in V. 70, p. 997.

Texas

Commission.— Reduction.— The Texas

Railroad

Railroad Commission has issued a circular ordering a reduclion on and after Aug. 8 of 25 per cent in the rates of Texas
railroads on a large number of articles.— V. 68, p. 381.
St. Louis & Western Ry.— To Take Possession.—
company will take over the property of the old Toledo
L uis & Kansas City some time between Aug. 1 and Aus
6

Toledo
This
St.

10.-V.

71, p. 85.

Western New York & Pennsylvania Ry.— New Treasurer.
tire undertaking, the rivht being reserved, subject to sanc—Robert W. Smith, Treasurer of the Pennsylvania RR., has
tion of the Quebec Legislature, to increase the amount from
elected Treasurer, and Taber Ashton, Assistant Treas£170,000 been
£170,000 to £200.000. Present authorized issue
urer.- V. 71, p. 136, 85.
New mortgage bonds to carry interest at the rate of 3 per cent
Wheeling & Lake Erie RR.— Refunding.—We are inper annum for the first three years 4 per cent for the next
two years and 5 p»-r cent thereafter until date of maturity.
formed that the following amounts of the old bond issues
The bonds to be dated as from January last, and the flist
had been deposits to July 21 for exchange under the rehalf-year's coupon to be paid on completion of the scheme
l

£400,000
of reconstruction. Total issue
Six per cent non-cumulative twenty years' income bonds, interest payable out of 'he net profits after payment of the
..
(?)
interest on the yiior lieu and fiiat mortgage issues

funding scheme,

viz.

1

of £100 of the existing first mortgage bonds,
stated, will receive in exchange for the same £50 in the
3-4-5 per cent mortgage bonds and £50 in the 6 per cent
non- cumulative incomes. In addition, as the bonds in default carry overdue coupons for 5 per cent interest for 189^,
and as the new first mortgage bonds will bear only 3 per cent
for the first three years and 4 per cent for the following two
years, it had been arranged that as compensation for such
loss there shall be allotted to each holder of £100 existing
first mortgage bonds £10 of the 6 per cent non-cumulative

Each holder

it is

bonds.

The present bonded debt amounts to £989,600,
must be added £49,48'! for accrued interest to Jan. 1

to

which

last.

Richmond

(Va.) Passenger

& Power Co.— Time Extendet.
30 days the time in

which the comr any is required to acquire all the securiiies of
the lines that formed the Richmond Railway & Electric System, in order to receive the benefit of the franchise recently
granted. It in stated that there are now outstanding practi
cally only $100,000 of th« bonded indebtedness of $2,600,000 of the Richmond Railway
Electric Co.'s system,
and no stock whatever.— V. 71, p. 85, 30.

&

& Grand

Island Ry. Dividend.— The company has declared a dividend of 1 per cent on its first preferred stock, payable August 15. This is the same amount
as paid in August 1899. la January of each year 2 per cent
was paid.—V. 69, p. 953.
Seaboard Air Line Ry. New Certificates.— In Baltimore
on Monday the Continental Trust Co. and the Baltimore
Trust & Guarantee Co. will begin delivering the new certificates.— V. 71, p. 85.
Shelby ville & Bloom field RR.— Receiver.— This road was
placed in the bands of E B Beard as receiver on July 16, the
efforts to secure the independent operation of the property
not yet having succeeded.— V. 70, p. 1250.
Southern Railway —Listed.— The New York Stock Exchange has listed $2,873,u00 additional first consolidated
mortgage 5 per cent bonds issued in exchange for a like
amount of East Tern^ssee Virginia & Georgia RR. 7 per
cent bonds due July 1, 1900, and has authorized the listing,
from time to time, of additional amounts of said bonds, as
issued in exchange or pavment for the remaining $250,000
East Tennessee 7s. The amount of first consol. 5s, including
such additional isi-ues, shall not exceed in the aggregate $33,278,000.
This redemption of the $3,123,000 7 per cent bonds
by the iseue of an equal amount of Southern Railway Co. 5s
will effect a saving of $52,460 per annum in the fixed charges
of the company after July 1, 1900.
St.

Joseph

$l,i 00,000

It

—

—The city amh> rities have extended for

Deposited. TTndeposited.

first mortgage
first mortgage

$2,000,000
Wheeling Division
5.- 9,000
941,000
Exiension and improvement mortgage
1,272,0
352 O0O
Toledo Belt Ry. first mortgage
8,000
2o8/)0O
Against the above there has been issued first consolidated
mortgage 4 per cent bonds, $2,839,000, makiog the total issued, $9,929,000, which includes bonds issued to treasury
for new equipment and improvements and for acquired
property. The first preferred stock required to be issued on
account of above deposits, $667,800; do. second preferred
stock, $333,900; for which Mercantile Trust Co. issued due
bills that are being exchanged for stock upon presentation.
A statement for the late fiscal year is given under the heading "Annual Reports."—V. 71, p. 31, 34.

now proposed

to uni'e the interests of the holders of the
first mortgage bonds (£780,000) secured on the main line, from
Quebec to Roberval, 192 miles, and the interests of the holders of the bonds ($l 020,000) secured on the Chicoutimi
branch, 54 miles, and to have the new bonds cover the entire
undertaking. The prior lien bonds are to be sold at 95 to
provide the means for improvements during the next few
years and to take up certain privileged debts. V. 70. p. 231.

is

Lake Erie Division

INDUSTRIAL. GAS AND MISCELLANEOUS.
American Sheet Steel Co.— Plants.—The company has furnished us with the following statement of its works :
Chester Rolling Mill Co., East Liverpool, O.
^Etna-St-ndard Works, Bridgeport, O.
Falcon Iron & Nail Co., Niles, O.
Struthers Iron & Steel Co., Struthers, O.
Apollo Iron & Steel Co., Vandergriit, Pa.
West Penn Sheet Steel Co., Leeohburgh, Pa.
Kirbpatnoh <fc Co., Leeohburgh, Pa.

H Laufman & Co., Ltd., Apollo, Pa.
"
"
Saltsburg, Pa.
_ " Park Iron & Steel
Hyde
P.

Co.. Hyde Park, Pa.
Chartiers IroD & Steel Co., Carnegie, Pa.
Pittcburg Sheet Mfg. Co , Shousetown, Pa.
Old Meadow Roiling Mill Co., Scottdale, Pa.
Scottdale Iron
Steel Co., Scottdale, Pa.

&

Reeves Iron Co., Canal Dover. O.

New

Philadelphia Iron

<fe

Steel Co.,

New

Philadelphia, O.

Dennison Rolling Mill Co., Dennison, O.
Piqua Rolling Mill Co., Plqua, O.
Corning Sheet Stf-el Co., Hammond, Ind.
Canton Rolling Mill Co., Canton. O.
Diesden Iron & Steel Co.. Dresden. O.
Cambridge Iron & S'eel Co., Cambridge, O.
Co«hocton Rolling Mill Co., Cosh' oton, O.
Wellsville Plate

& Sheet Iroo

Co., Wrtlisville, O.
Co., MoKeesport, Pa.
Midland Steel Co.. Muncie, Ind.
Girard Smelting Works (leased), Girard, Kan.

W. Dewees Wood

The authorized capital stock of the new company is $52,which one half is 7 per cent cumulative preferred.
The amount outstanding, we are informed, is $49/ '00,000,
divided equally into preferred and common. Toe total capa-

000,000, of

city of the property is stated as

Tne pants

as above

approximately 400 000 tons.

named are understood to be owned

in fee,

with the exception of the last, which is practically owned,
though for a time to be operated under lease, and the Wellsville and W. Dawees plants, which are said to be controlled
by stock ownership.—V. 70, p. 1051.

A

American Shipbuilding Co. Annual Statement.— press
dispatch from Cleveland says that the arnual statement
made public this week shows
Net earnings, $1,100,665,
dividend of 7 per cent on $7,600,000 preferred stock, $532,000
balance, surplus, $568,665. Twenty- nine vessels, with a carrying capacity of 179,000 net tons, it is stated, were constructed during the year and sixteen additional boats are
being built.—V. 69, p. 853.
:

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— —

THE CHRONICLE.

184

Depew & Lancaster Water Co.— Foreclosure. —The Baff alo
Loan, Trust & Safe Deposit Co. has brought suit to foreclose
the $125,000 mortgage, interest for $3,750 being in default.

Borax Consolidated, Limited.— Stock Offered.--The balance of £200,000 debenture stock is offered for public subscription at par. The proceeds, it is understood, will be
applied, in part at least, to the payment of the floating loan
incurred for the acquisition of additional plants, as stated in
the first annual report (V. 70, p. 530). This company was
formed in 1899, and its outstanding capital stock, including
the amount now offered, is reported as £600,000 ordinary and
£8^0,000 5% per cent preference, and £1,0^0,000 4V£ per cent
Co.
Glyn, Mills, Currie
first mortgage debenture stock.
are receiving subscriptions for the new issue. V. 70, p. 896.

Distilling Co. of America.— Deposits.— About $52,500,000
of the $73,500,000 capital stock, it is stated, has been deposited in favor of the voting trust, so that the success of the
plan is regarded as assured. V. 71, p. 32.

—

Dominion Iron & Steel

—

Co. Status. Arthur S. L^and,
Co., of B >ston, having visited Cape Breton
and vicinity, is quoted as saying:
The company has $10,000,000 of stook and $5,000,000 of bonds outstanding. Some conception of the size of the plant may be trained
when it is known that two blast furnaces are in process of constructs n at a cost of $750,000 each, and two more are in contemplation.
The company has an uncompleted contract outstanding for $12,000,000 worth of machinery, construction work, etc. The plant will em
ploy at first 2,0 jO hands and will increase that number soon after
work is commenced. The plant should be finished some time next

&

—

LX2I

[Vol.

of A. S. Leland

&

Broad Exchange Co. Mortgage.—This company, haviDg
secnred a building loan of $2,250,000 from the Equitable Life
Assurance Society, has filed a mortgage for $3,500,000, due
May 1, 1904; interest 4, 4}£ and 5 per cent.—V. 70, p. 948.
Brooklyn Gas & Electric Co. Ldqui lot ion—Assets.— The
proposition to liquidate the company was approved by the summer.
stockholders at their meeting on Monday. The assets, it is
Harry M. Davies. formerly of Elyria, Ohio, has been
stated, consist of 2,600 of the 5,000 shares of stock of the elected Treasurer.—
V. 70, p. 1051.
Brooklyn Borough Gas Co.-(See V. 68, p. 230, 770.) Tbe
Eastern Elevator Co. of Buffalo. Burned.—The elevator
other assets were lost in the Stahl & Straub collapse.— V. 70,
and its contents were destroyed by fire on Jaly 24. The
p. 137.
Cambria Steel.—May Build Steel Cars.—The company, it is American Linseed Co. came into possession of the elevator
only a few weeks ago. —V. 70, p. 948.
stated, has prepared plans for the construction of steel
freight- cars at its Johnstown works.— V. 70, p. 794.
East Jersey Water Co.—Suit.— The taking of testimony
was begun on July 17 in the suit begun by the city of NewCarnegie Steel Co.—Rod Mill.— The "Iron Age" says:
ark against this company. The suit is brought principally to
In all probability tiie company will break ground at an early date
for tbe erection of a large rod mill. Tbey will roll rods for all pur- settle the question whether the East Jersey Company, under
poses, selling them In tbe open market. It Is understood that this its contracts, agreed to convev all the water rights and plants
move has been under consideration for some time, and that the de- it owned in the Pequannock watershed to the city, and
cision was made by the board of directors to erect what will
probably be the largest rod mill ever built. It is also reported, but whether the city shall be compelled to pay the balance due
not confirmed, that the company will go Into the manufacture of to the company on the contract, $3,000,000, in bonds or in
hoops and bands.— V. 71,

p. 8b, 31.

says:
the outcome of a disagreement between the parties
concerning the construction of an agreement between the Lehigh
Valley RR. Co , the East Jersey Water Co. and the City of Newark,
and of a supplement agreement between the East Jersey Water Co.
and the city. The former is dated Sept. 24, 1889, and the latter Aug.
l, 1892.
Under the original contract the city agreed to pay $6,000,000 for the rights to the water in the Pequannock watershed, $4,000,OOO when the plant was put in operation and the remainder when
it should be finally turned over to the city.
The company was to continue in possession of the watershed until Sept 2i of this year.
It is insisted by the city that 'he company shall convey, under the
terms of the contract, Canistear Reservoir and Echo Lake, both of
which are in the Pequannock watershed, in addition to tbe Oak Ridge
and Clinton reservoirs and the Maoopin intake reservoir. The oompiny
is willing to convey the latter three, but has never oonoeded any rights
to the city in Canistear Reservoir or Echo Lake. It has never drawn
any water from Canistear, and has used Echo Lake only to eke out the
quantity it has been required to supply under the terms of the contract. This is 27,500,000 gallons a day in all kinds of weather. At
the time set for the transfer of the watershed the company guaranteed
to be able to produce and deliver in Newark from the watershed 50,000,000 gallons of water daily in perpetuity. The authorities contend
that 50,000,000 gallons a day cannot be obtained in the watershed
unless Canistear and Echo Lake also be used. The company claims it
can give such a quantity without drawing on them.

The action

427, 274.

Cincinnati Ltaff Tobacco Co.— Sale Authorized. —The sale
at auction of this company's property under order of the
Campbell County Circuit Court is set for Aug. 7 at the
court-house door in Campbell County, Ohio. V. 71, p. 137.

—

Citizens' Telephone Co. of Grand Rapids, Etc.— Stock Increasid. The company has increased its authorizsd capital
stock from $500,000 to $550,000. The company recently purchased, according to press reports, the Peninsular system,
comprising several exchanges and more than 100 miles of
long-distance wires in Southern Michigan. Early in the year,
also, the Lansing Telephone Co., having 800 subscribers, was
purchased and merged, and a majority ($20,000) of the $35,000
stock of the Muskegon Telephone Co. (675 subscribers) was
acquired. On June 8 the Citiz *ns' Company itself had 3,350
subscribers, and of its (then) $500,000 capital stock $385,000
Maximum rates: for
was outstanding; no bonds issued.
business, $30; house, $20.

—

is

The original contract
also V. 69, p. 1250.

was mentioned

in V. 50, p. 137.

See

Edison Electric Illuminating Co. of Brooklyn.— Bond*
All the outstanding first mortgage gold bonds of
1890 have been called and will be paid at 110 and interest at
the Franklin Trust Co., Brooklyn, on Ojt. 2.—V. 69, p. 957.
Called.

—

—

Flatbnsh Water Works Co.— Proposed Condemnation.
of Public Improvements on Wednesday adopted
a resolution requesting the Corporation Counsel to begin
condemnation proceedings for the acquisition by the city of
the franchises and property of the Flatbnsh Water Works
Co. of Brooklyn. Under the Ford Law the company's fran-

Status.—The company, it is stated,
has acquired 58,992 shares out of a total of 59,5<i6 shares of
the stock of the American Air Tower Co. and 19,426 shares
out of a total of 20,000 shares of the Compressed Air Motor
Co. The first 10 motors for use on the 28th-29th Street Line
of the Metropolitan Street Ry. have arrived, and it is expected that the line will be fully equipped with the new motors
some time in August. The weight of the new motors,
equipped with standard Metropolitan car bodies, is said to be
about the same as that of the trolley electric car. V. 70, p.

Compressed Air Co.

The Board

was assessed at $128,706.
Flint, Eddy & American Trading Co.— Consolidation.
This company, with $4,000,000 of capital stock, has been
formed by consolidation of the importing and exporting
houses of Flint, Eddy & Co. and the American Trading Co.
The capital stock of Flint, Eddy & Co. was $3,500, 00. The
Trading Company had outstanding capital stock of $250,000, and possessed a surplus of the same amount.
In
1899 the two companies, it is stated, did a total business with
foreign ports aggregating §28,000,000. The American Trading
Co. has had a practical monopoly of American trade in many
districts in China, Jipan and Korea, while Fant, Eddy &
Co. have dominated the South American and Eist India
trade. The consolidated company is incorporated under the
laws of Maine. Of the $4,000,000 capital stoak $2,0i 0,000 is 8
per cent cumulative preferred; par value of shares $100. The
directors of the new company are:
chise

—

—

897.

m

to Subscribe.
Consolidated Gas Co. of New York.— Opti
The authorized stock having been increased to $80,0J0,000,
stockholders of record Aug. 10, 1900, will have the privilege
of subscribing, at any time before 3 p. m., August. 20, to
the extent of 25 per cent of their holdings, for additional
stock at the price of $150 per share, payable in instalments of
$50 each, on Aug.20 and Sept. 5 and 25, 1900, respec ivelv, at
the National City Bank of New York, No. 52 Wall St., New
York. The payment of the second and third instalments, or
either of them, may be anticipated, in which case interest at

—

The "Newark Advertiser "

cash.

Central Fireworks Co. First Dividend on Common Stock.
— The company has declared its semi-annual dividend (No. 5)
of Z% per cent on the preferred stock, and a first dividend of
1 per cent on the common stock, both payable on Aug. 10,
George T. Eg
1900, to stockholders of record Aug. 1, 1900.
bert is Treasurer. Office, corner Green and Grand streets,
Jersey City. The capital stock at last accounts was $2,672,See V. 67, p.
900, of which part is 7 per cent preferred.

<

annum will be paid for the period
anticipated. The said bank will issue temporary negotiable
receipts on payment or such instalments, exchangeable on
and after Ojt.2,1900, for certificates of new stock. Such stock
will not, however, entitle the owner to dividends declared
prior to that date.— V. 70, p. 1293.
the rate of 4 per eent per

Frederick B. Jennings, Trenor L. Park, W. H. Stevens and James R.
Morse, formerly of the American Tradins Company, and Charles R.
Flint, Ulysses D. Eddy, Alfred De Buys, Thomas A. Eddy, Wallace B.
Flint, Henry F Crosby, George L. Duval and William M. Ivins, of
Flint,

Eddy &

Co.

U. D. Eldy, President; James R. Morse,
The
Crucible Steel Co. of America.— Incorporated.—The comThomas A. Eddy, Alfred Da Buys and George L, Duval,
pany filed its articles of incorporation at Trenton, N. J., on Vice-Presidents; W. H Stevens. Treasurer, and Henry F.
July 21.
Crosby, Secretary. The home office will be at 30 Broad St.,
Officers Elected.— The following officers and directors were
New York.
elected this week
Gas & Water Co. of Downiugtown, Pa.— Lease.— All the
William G. Park. Charles H. Halcomb of Syracuse, N. Y.; James
Directors:
\V. Brown, Benjamin Atha of Jori-oy City; Herbert DuPuy, Hubert E. ,Kminng<
capital stock of this company is now owned by Dr. Thomas
of Newark, N.J. Reuben Miller, W 11. Singer, Alexander Thomas, George
E. Parke, Joseph R. Downing, George Francis Fox, Charles
JIarton, James H. Park, Frank B. Smith. A. W. mack. L. I). \ <>rk of Portsmouth, O.; H. H. Dickey of Cumberland, Md., and J. A. May of Heaver Falls.
T. Thomas and Edward Kerr, and the property is to be
Chairman;
11. Hal
President
officers are:

;

11.

('.
comb.
and General
Officers: William G. Park,
Manacer; James W. Brown of Howe, Brown & CO., Limited, hirst Vice PresiBenjamin Atha, Second Vice President; Hubert ID. Jennings, Third Vicedent:
President; Frank B. Smith, Secretary; Rcube 1 Miller, Treasurer.— v. 71, p.
'

87, 32.

leased to the Boroujh of Downiagtown. which will operate
and maintain the works, paying a fixed rental annually

•

therefor.

—
July

—

—

:

THE CHK0N1CLE

28, 1900.J

Georgetown (Ky.) Water Co.— Sale Aug. 1.— This company's water and electric-light franchise, machinery and
The Fidelity
Slant will be sold under foreclosure on Aug. 1
"rust & Safety Vault Co. of Louisville is mortgage trustee.
.

Georgia Electric Light Co.— Mortgage for $2,000,000 .—See
Atlanta Rapid Transit Co., under Railroads above.

185

Albany on July 21 to take over by merger or consolidation,
in addition to the electric-lighting business of the New Ycrk
Electric Co., the business of the Electric IlQueens Gas
Power Co. of Long Island City and the Jamaica
luminating
Electric Lighting Co. All the securities of the last two companies will be wiped out by proper proceedings. The new
company will conduct the electric-lighting business in the
entire Borough of Queens outside of Rock away.

&

&

&

Grand Rapids (Mich.) Hydraulic Co.— Reorganization
The New York & Queens Electric Light & Power Co. has
Plan.— A committee consisting of Samuel Thomas, Chairman; Edwin Hawley, Austin B. Fletcner, D. A. Crow. an authorized bonded debt of $2,500,000 and $1,250,000 preGeorge William Ballou, Winthrop Pond, Secretary, and ferred 5 per cent non-cumulative stock and $1,250,000 compar value of shares, $100. There will be outAustin B. Fletcher, Counsel, has prepared a plan of reorgani- mon stock
zation. This plan provides for the formation of a new com- standing as of Aug. 1, 1900, $1,550,000 of the bonds and all
the capital stock $951,000 of the said bonds will be reserved
pany to take over the assets of the old company and to issue
Common stock
$3,000,000 for the retirement of the old first mortgage bonds of the New
Of which it will issue to holders of common stock of old
York & Queens Gas & Electric Co. (see V. 69, p. 28). The
company or to the holders of trustees' certificates
bonds of the new company will be dated Aug. 1, 19(0, paytherefor
1.930,000
interest due Feb. 1 and
Reserved for treasury and reorganization purposes
1,770,000 able in gold and due in thirty years
Aug. 1; Union Trust Company, trustee.
Preferred 6 per cent non-cumulative stock, preferred
The gas business in Flushing, College Point, Whitestone,
as to assets as well as dividends, ana equal in amount
to the face value of the outstanding bonds, viz
680,000 etc., will be conducted through an allied company, the NewThis stock shall he accepted In exchange for the existtov>n& Flushing Gas Co., whose incorporation was noted
ing bonds, $ for $.
This company has an authorized
last week (page 139).
First mortgage 5 per cent gold bonds, for purpose of enbonded debt of $300,000 and an authorized capital stock issue
the existing plant, or for
largement and extension of
construction of plant to furnish ample water supply
of the same amount. There will be only $250,000 of each
from Lake Michigan or other source; and for treasoutstanding, however. The bonds are to be 5 per cent mortury purposes. The amount of such issue to be detergage gold bonds, dated Aug. 1, 1S00, and due in thirty years,
mined by aid reorganization committee
not fixed.
with coupons due Aug. 1 and Feb. 1 Union Trust Company^
All bondholders and stockholders are requested to deposit
trustee. The directors of both the new companies are Frank
their securities under said agreement with the Produce Exchange Trust Co No. 26 Broadway, New York City, on or Tilford, H. E Gawtry, L. B. Gawtry, Martin Maloney, T. W.
Stephens and Henry R. Wi-'son.
before Aug. 1, 1900.
New York & Westchester Water Co.— Furchased.— The
Green Island Water Worfe s Co.— Sold.— On July 13 the
pumpirg plant and part of the company's pipes were sold for properties of the New York City District Water Supply Co.and
$6,500. under two mortgages foreclosed by the Farmers' the Upper New York Water- Woi ks Co. were purchased at the
Loan & Trust Co., to M. J. Drummond of New York City. foreclosure sale on July 21 fcr $4,500 and $4,000, respectively,
The balance of the water pipes owned by the Green Island by Arthur Turnbull, representing the reorganization comCompary was sold under the same mortgages on July 6 for mittee of the New York & Westchester Water Co.— V. 70, p.
The purchaser in the latter case was W. F. Ross, 948.
$1,000.
who also acquired at same time the West Troy Co. workp,
Norfolk Heat, Light & Power Co.—Bon d?.—This comunder foreclosure eales of the first and third mortgages.— pany is arranging to issue bonds to provide for the
V. 70, p. 999.
construction of an electric light plant to compete with the
Herring-Hall-Marvin Co. Sale Confirmed in Ohio.— In Norfolk Railway & Light Co. The new company was inthe United States Circuit Court at Cincinnati on Wednesday corporated in Virginia last April with $300,000 authorized
Judge A. C. Thompson confirmed the foreclosure sale on May capital stock by Philadelphia capitalists. W. D, Pender is
31 last of the property for $100,000 to Walter Eugene Drum
Vice President and Resident Manager.
mond, representing the reorganization committee.— V. 70, p.
Philadelphia Electric Co.— Instalments.— The company,
1252.
it is announced, will call two inetalments on the stock, $1 25Irondale (Ala.) Water, Light & Power Co.— Bonds.— The
company is about to issue $60,000 of 5 per cent bonds. F. W. per share, payable Nov. 21, and $1 25, payable Jan. 21. The
Turpin is Secretary. The company was incorporated recently proceeds will be used for construction and to unite in a ft w
large plants the numerous plants which the company is now
in Alabama with $100,000 capital stock.
operating. The Philadelphia '-Ledger" says:
Jefferson & Clearfield Coal & Iron Co.— Fir. t Dividend.
The report on the Street was that the gross earnings are at the rate
The company has declared its first dividend of 2 per cent on of $2,500,000 per annum, of which about $ i, 250,00u goes for operatthe common stock, payable August 15. The regular semi- ing expenses and about *1,0C0,C00 for fixed charges, leaving $250,annual dividend of \% per cent on the preferred stc ck was OtO surplus.— V. 70, p. 919.
also declared, payable at the same time.— V. 64, p, 517.
Pratt & Whitney Co. Meeting Adjourned to Aug. 16.— At
Ealarasizio Valley Electric Co. of Kalamazoo, Mich.— the meeting July 25 only 16,910 of the 27,500 shares of the
Bonds Offered.— Mills & Blanchard, 16 State St., Boston, company were represented, and it was decided to defer act'on
offer for sale $60,000 of the company's $265,000 first mortgage on the proposition of the Niles-Bement Pond Co. until Aug.
;

;

;

t-

;

,

—

6 per cent gold bonds.
The total cost of the property is
stated as $417,179.
Gross income on present business,
$72,500; operating expenses, including taxes, $21,000; net
earning?, $51,500; interest on $365,000 bonds, $15,900; surplus earnings, $35,600.— V. 70, p. 233.

Kings County Electric Light & Power Co.— Calkd Bonds.—
See Edison Electric Illuminating Co. of Brooklyn, above.—
V. 70, p. 1098.
Lanston Monotype Co.—New Stock.—The company announces an additional issue of 25,000 shares of stock to be
sold to shareholders of record July 25th in the ratio of
one for six. The proceeds, it is understood, will be used in
connection with the filling of orders for the perfected machines, 65 of which are reported as in operation.— V. 70, p.

16— V.

71, p. 139.

Quiiicy
this

week

Mining Co.—Dlvidind.— Dividend No. 64 declared
is $4 per share, and is payable Aug 1 5 to register* d

This contrasts with $5 paid in February
1899.
The reduction is attributed to
construction expenditures, which, it is said, will this year
aggregate more than $5' 0,000, against between $400,000 and
$500,000 last year. By Jan. 1, 1901, it is thought the extraordinary construction work will be completed.— V. 70, p. 381.
holders 24th inst.

and $6 paid in August,

Railway Equipment Co.- Called Bonds.— Fifty ($5^,000)
mortgage 6 per cent bonds, dated June 1, 1891, have
been drawn by lot, and will be paid Dec. 1 at the offices of
Maitland, Coppell & Co., New York, at par and accrued infirst

terest to the said

date.— V.

69, p. 177.

Sloss-Sh» ffleld Steel & Iron Co.— Earnings.—The company
Lincoln (Neb.) Gas & Electric Co.— Incorporated.— This
reports as follows for the half-year ending May 31, 1900:
company has been incorporated in Nebraska with $1 500,000
Surplus*
Bond inkrest.
I'ref. dividend.
of capital stock, all common. Incorporators: H. F. Rose, J. Net earnings.
$105,395
$234,500
$101,287
C. Van Riper, S. H. Burnham, I. M. Raymond, all of Lin- $741,182
Purchase. The Adler Brown Ore Mine propertiep, in
coln. The company is successor to the Lincoln Gas Co., the
sale of which was recently reported.
See V. 7f\ p. 1098. Franklin County, Ala. have been purchased in the interest
Wood & Havemeyer of this city are interested in the consoli- of the company ior a sum said to te about $300,000. The

—

,

dation.

Bonds.— The company has made a mortgage to the North
American Trust Co. of New York, as trustee, to secure
$1,000,010 five per cent first consolidated fifty-year gold bonds
($1,000 tach), due June 1, 1950, interest being payable Jane
and Dec. 1. Of the new bonds, $600,000 have been issued
and of the remainder $333,000 are reserved to retire the
Lincoln Gas 6s to the same amount, due Sept. 1, 1 911.

—

Marion Gas Co. Incorporation.
This new company,
which last week made a mortgage for $400,0f 0, was incorporated recently under the laws of Indiana with $400,0f0 authorized capital stock.

Directors: Jas. D. Callery of Pittsburg;
H. Reed and others.— V. 71, p. 137.
New York City District Water Supply Co.— Sold.— See
New Yoik & Westchester Water Co., below.— V. 69, p. 495.

Jas.

New York & Queens Electric Light & Power Co.— Consolidation— Ntw Bonds.— ThiB company was incorporated at

properties include valuable brown ore minee, four
coal washere, etc.—V. 70, p. 1200, 1203.

modern

United Electric Securities Co.— Called Bonds.—The company has called for redemption and will pay on Aug. 1,
through the American Loan & Trust Co., 53 State Street,
Boston, bonds of the following series in the amounts named:
Fifth series, 27; sixth series,
series,

147.-V.

3;

eighth series, 65; eleventh

71, p. 140.

United States Flour Milling Co.—Amended Plan.— Certain important amendments in the plan of reorganization
dated Jan 29, 19C0 (V. 70, p. 2 C 4) have teen approved by a
large proportion of the security holders and adopted by the
i

e organization

committee.

As amended, the plan provides that a new company

shall

be organized under the laws of New Jersey to purchase the
properties of the present company and to issue the following new securities:

THE CHRONICLE.

\

186

2

..

.

[Vol. LXXI.

NEW YORK AND BROOKLYN TRUST

First mortgage 30-vear gold $s, with provision for a sinking fund of $t6,ooo per annum.
To be secured
by mortgage and pledge of tbe plants, mills, real property and capital stocks embraoed in the reorganization

Reports of these companies June

and now owned, or as mav be finally agreed upon.
Issue authorized [Instead of $9,500,000 as first proposed]
x$5, 750,000
Or which reserved to retire underlving bonds, viz.:
1,496,000
Hecker-Jones-Jewell MillingCo. first M. (V. 69, p. 1010)
7 5,000
Northwest. Oonsol Milling Co. 1st M. (V. 70, p. 233)....
3,489,000
To be sold for purposes of plan
Preferred stock, 5 per cent non cumulative, with right to
1 per cent additional after payment of 1 per cent to
sinking fund for retirement of preferred stock and of
6 per cent dividend on oommon. Preferred also as to
assets in case of liquidation. Total issue [instead of
6,900,000
$10,000,000 as first proposed]
872,250
Of which to be sold for purposes of the plan
To holders of U. 8. Flour Milling 1st 6s [$6,004,000]
6,004,000
subscribing as provided for new securities
23.750
Reserved for treasury and reorganization purposes
Common stock [instead of $3,500,000 as first proposed] .. 4,600,000
872,250
To be sold for purposes of the plan
To holders of present preferred stook ($5,000,000) subscribing as provided for new securities
3,000,000
To holders of present common stock (x$3.500,000) sub700,000
scribing as provided for new securities
27,750
Reserved for treasury and reorganization purposes....

CO'S.

compared with

Dec. 31, 1899, and June 30, 1899, are as below: The reports
for Dec. 31,1898, and June 30, 1898, are in the Chronicles of
July 22 and 29, 1899.

AMERICAN DEPOSIT & LOAN COMPANY.
Resources.

June

30,'00.

Dec. 31, '99.

$479,941
453.918

$220.0-5
475,386

2,69«',482

4,674,8^5

390,888

37=>.971

7,127
181,911
20,532

123,159
63,259
236,189
7,589

Bonds and mortgages
8tockinvestm'ts(market value)
Amount loaned on collaterals.
Am loaned on pers'l securities.
Real estate (estimated value)
Cash on hand. ...
CaBh on deposit....
Other assets.....
Total

$4,229,829

$6,176,540

June 30,'99.
$865,708
5,900,725
298,005
320,959
11,980
26,649
12,929
$7,436,955

Liabilities.

$500,000
171,426
3,489,110
69,293

Undivided profits
Gen'l dep'its, pay'le on dem'nd

Other

liabilities,

Total

$500,000
61,027

$500,000
663,293

5,516,972
98,540

6,084,020
189,642

$4,229,829

Capital stock

x The reorganization committee shall have

the right, if they deem
best for the interests of the business of the new company, to authorize an Increase of $ 00.000 first mortgage bonds, to tbe amount stated
above, to be issued and sold in the ruture for oash, at not less than
ninety-five cents on the dollar, to provide additional working capital.

30, 1900,

$6,176,540

$7,436,955

$39*V90

$191,845

it

The cash requirements are no w stated

as follows: For indebtedness, $2,899, 001; additional cash for treasury purposes,
$200,0J0; total, |3.('99,000. To provide this amouot and for
other purposes $3,140,100 is to be raised through sale at 90,
chiefly to old security holders, of $3,499,000 new first mortgage bonds, with bonus of 25 per cent in new preferred stock
and 25 percent in new common stock. In other words, #10,000
new bonds, $2,500 new preferred stock, $2,500 new common
stock are offered for $9,<jO0 in cash.
The amounts of cash which the present security holders
are required to subscribe, and the amounts of new securities
receivable therefor and in exchange JE or their old holdings,
are as follows:
Holders of
And receive
Pay
old securities.
cash.
1st M.
Pref. slock. Oom. stock
1st M. per $1.000
$83 33
$333 33
a $1,083 33
$$300
Pref. stock per $100...
15
4 17
16 66
to 64 17
Com. stock per $100...
2 77
10
1111
c 22 77
Note.— Of the amounts of new securities here shown, the following
are issuable in exchange for old securities (provided the cash subscriptious are paid): a *1,"00, to S60, c $^0. The remaining amounts
represent the new securities to be given for the cash subscriptions.
The original plan allotted the first mortgage bondholders per $ ,000
bond on subscription of *300 oash: $-00 in new first mortgage bonds,
,

in new preferred stook and $114 in new oommon stock.
The discharge of the floating indebtedness of all the comit is

stated, will leave the net available cash assets

(now reported as $1,800,000) free for working capital purposes, and with the additional cash ($200,000) provided in the
plan will make, it is estimated, an available working capover $2,000,000. The new fixed charges are:
Interest on bonds, viz.: On $3,489,000 of new company, $174,450;
on $1,496,< 00 of H.-J.-J. M. Co., $-9,760; on $765,000 of N. W. Con.
M. Co., $45,900; total interest charge, $310,110; annual sinking fund
to purchase and retire bonds, $45,000; total yearly charge, $355,110.
For further information as to cash requirements, etc., see
V. 70, p. 284; also Northwestern Consol. Mill Co., page 283.
Reorganization Notice.— The Reorganization Committee,
Brayton Ives, Chairman, gives notice that they have made
certain amendments to the plan of reorganization, copies of
which can be had upon application to the Secretary of the
committee, Geo. Wm. Ballou, 209 Produce Exchange Building. Holders of bonds and stocks who have not deposited
their securities with the Metropolitan Trust Co. are requested
to do so under the amended plan on or before Aug. 11. Those
who have already deposited their securities, if they so elect,
may withdraw the same on or before Aug. 18, upon payment
of their pro rata share of the expenses.— V. 70, page &98.

*62,337
'19,609

126.413
3*,343
740,<«i0

15,000

5,516.972

6,084,020

l»3to4%

l!flto4%

ATLANTIC TRUST COMPANY.
Resources.
Ju+e 30, '00.

Bonds and mortgages
Stock invest's (market value)..
Amount loaned on collaterals.
Amt. loaned on pers'l securit's

Dec. 31, '99.

June

30, '99-

$438,970

255,546

3,672,236
74,61»
70,044
4,924
767,253
423,648

$5,607,770

$6,297,445

$1,000,000
454,090

$1,000,000
396,045

$1,000,000
340,083

101,385
5,167,445

Total

1,479,337
2,b44,703
142.771
69.798
2,581
689,562

$6,733,453

Real estate (estimated value)..

$323,470

1,376,292
2,905,418
222, 5«0
61,330
2.2-8
1,601,575
12>,070

Cash on hand
Cash on deposit
Other assets

>

$800

panies,

Supplementary.
*$22 1,395
Tot. amt of profits during year.
*4h,925
Int. credited dep'rssameper'd.
Exp. of institution, same per'd.
"36,070
* 25,000
Amt. of div*. decl'd, same per'd
Amt. ofdep.on wh'h int. is all'd. 3,489, 1 10
Rate of interest
I 1* to 4%

100,000
lOu.417
3,990,566
20,741

129,584
4.658,747
169,031

$5,607,770

$6,297,445

$254,721
87,343
54,903
3,600,000
1^ to 4 p. 0.

•$130,995
•43,437
*24,855
4,150,765

$292,970
991,758

Liabilities.

Capital stock

8urplusfund
Contingent fund as set asideby
the Board of Trustees
Depositsin trust
General dep'ts, pay. on dem'd.
Other liabilities

10,ft33

$6,733,453
Supplementary.
Tot.am't of profits during year. *$139,121
*52,393
Int.credited dep'rs same per'd.
*31,916
Exp. of instit'on, same period.
Amt of dep.on which int.is all'd 4,650,000
1^ to 3^ p.c.
Rate of interest
Total

ital of

1*3 to 3 p. 0.

BANKERS' TRUST COMPANY.
Resources.

June 3O.'00. Dec. 31, '99.
$2,854,419
$2,380217

Stock investments (market value)
Amount loaned on collaterals

23,287

1,986,500
3,115
385,696
9,250
14,643

$6,186,225

$5,253,624

$1,500,000
l,500,oro
30,094

719

$1,500,000
1,500,000
7,134
2,242,649
3,840

$6,186,225

$5,253,624

•$73,921

$20,914

2,951,300
4.338
827,083

Cash on hand
Cash on deposit
Due from banks
Other assets
Total
Liabilities.

Capital stock
Surplus fund

Undivided profits
General deposits payable on demand
Other liabilities

3,155,4

Total

Supplementary.
Total amount of profits during the year
Interest credited depositorsjsame period

1

•16.241
315
Upper New York Water- Works Co.— Sold.— See New York Expenses of institution, same period
•42,848
21,592
& Westchester Water Co. above.—V. 70, p. 1053.
1,351,830
Amount of deposits on which int. is allowed. 3.151.834
l»s to 3 p. c. H« to 3 p. 0.
West Troy Water Works Co.—Sate.- See Green Island Rate of interest
Water Works Co. above.—V. 70, p. 1000.
BROOKLYN TRUST COMPANY (BROOKLYN.)
Resources.

—The "Railroad

Gazette" with its issue this week has a
forty-eight page 'Construction Supplement." It gives an alphabetically arranged list of the railroads now building or proposed in this country. The list includes about 1 500 projects
distributed amoDg some 1,090 different companies.
The
"Gazette" figures, which have been revised since the issue of
the preliminary statement, show 2,117 miles of road were
built in the first six months of this year, and it is estimated
that the total construction for the twelve months will be between 5,000 and 6,0, miles. In the distribution of the new
mileage for the six months among the States we note that
none is credited to Kansas, Nevada or New Mexico, and in
1899 only 12 miles were built in Kansas. There has been more
or less construction in all the States and Territories with the
exception of the three mentioned and Delaware, District of
Columbia, Alaska and five of the New England States.
Grand Island Railway Company has
The St. Joseph
declared a dividend of 1 per cent on its first preferred stock,
payable Aug. 15. Books close July 31 and re-open Aug. 16. It
is undersiood that the company has earned a surplus in the
fiscal year ended June 30. after fixed charges and payment of
dividend, of about $53,000.

—

&

June 30,

'00.

Dec. 31, '99.

$41,000

Bonds and mortgages

$«0,250
3,561,^34
6,924,702
519,714

4,775.175
7,073,9 42

Stock invest's (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value) .
Cash on hand.
Cashon deposit

June

30,'99.

$90,300
3,921,888

1,616,976
214,514

72.076
634,9^0
307,080

8,099,378
547,193
143.S62
76,889
948,137
338,478

..$14,333,273

$12,238,560

$14,166,125

$1,000,000
Capital stook
1,714,036
Purplusf'd & undivided profits.
58,>-i5
Deposits in trust
General deposits pay. on dera. 11,482,977

$1,000,000
1,6^7.912
366,026
9,0*X,675

77,445

7;'\945

$1,000,000
1,632,955
351,033
11,095,516
86,621

$14,333,273

$12,238,560

$14,166,125

•$281,197

$555,.138

*114,2 5

231,712

*45,075
"80,000
11,32",655
2 to 3 p. c.

160,000
9,162,850

•$256,788
•111,477
•40,343
•80,000
11,096,654

335,122
154,061
122.483

Other assets
Total

1.=.7,761

I,iabilities.

Other liabilities
Total

Supplemental-!/.

Tot.am't of profits duringyear.
Int.credited depos's same per'd
Exp.of Institution, same per'd.
Ain't of divs.decl'd,

same

Amt.of dep.on whichint
Kate of interest
'

per'd

is all'd

For the six months only, Jan.

1 to

June

87,f>46

2to3»sp.o.
30.

2 to 3

p. 0.

.

July

THE CHKONIOLE.

28, 1900.J

187

CONTINENTAL TRUST COMPANY.

CENTRAL REALTY BOND & TRUST COMPANY.

Resources.

Resources.

June

Total

1,738,939
1,096,539
11,752
290,607
29,852

$4,056,922

$1,000,000
500,000
81,207

$5,985,437

Cash on deposit
Other assets

$656,435
232,796

$1,000,000
500,000
221,871
594,810
3,658,6^0
10,096

Cashonband

Dec. 31, '99.

$5,985,437

collaterals

Real estate (estimated value)

30, '00.

$1,641,516
374,149
1,489,152
725,102
5.897
1,702,613
47,008

Bonds and mortgages
Stook investments (market value)

Amountloaned on

$4,056,922

June

Capital stock
Surplus fund
profits

Deposits in trust

General deposits payable on demand
Other liabilities
Total

11,00

$86,075
1,247,002
5,402,206
154,020
123,500
5.861
960.189

36,980

93,123

71,702

$9,211,360

Real estate (estimated value)

Cash on hand
dash on deposit
Due from banks
Other assets

Dec. 31, '99.

1,113,722
4,740,242
201,525
123,500
10,024
2,975,367

Total

2,059,698
404,516

$8,082,978

$9,057,889

$500,000
500,000
107,386
1,157,4 35

$500,000
500,000
34,540

n.ooo

Liabilities.

$500,000
500,000
200,361

Capital stock

Surplusfund
Undivided profits

5,808,249
9,905

Interest credited depositors same period
Expenses of institution, same period
Amount of deposits on which int. is allowed.
Rate of interest

*$226,647
*46,805
*39,178
4,232,893
2 to 4 p. o.

$122,107
14,019
40,187
2,471,198
l 1^ to 4 p.

c.

$8,082,973

June 30, '00.

Dee. 31, '99.

.Time 30, '99.

$153,138
Stook in vest's (market value).. 18,6 1,775
Amount loaned on collaterals. 34,438,780
Am't loaned on pers'l securit's.
1 J 3,000
Real estate (estimated value)..
968,206
Cash on hand
27,379
Cash on deposit
5,133,388
Other assets
492,958

$158,688
13,721,624
34,422,088
408,000
984,696
28,879
4,408.857
542,119

$151,688
14,389,734
43,157,403
434,000
982,743
23,832
4,389,025
251,387

Liabilities.

Capital stock

$1,000,000
Surplus fund
10,542,^26
Deposits in trust
3,297,705
General dep'ts, pay. on dem'd. 44,783,875
Other liabilities
344,718
Total

$59,968,624

$1,000,000
10,257,566
1,879,148
41,298,460
239,779

$1,000,000
8,752,238
2,616,30t
51,01 5,93

>

39^,336

$54,674,954 $63,779,816

Supplementary.
Total am't profltsduringvear.. "$1,365,431
Int. oredited dep's same per'd.
"506,652
Exp. of institnt'n samepei'd.
*103,772
Am'tofdivs. decl'd.sam- perd.
*300,000

Amt.of dep on which in t.is all'd 40,399,090
Rate of interest
1 to 3 p. o.

$4,182,232
1,0*7,375
205,567
500,000
39,206,816

*$1,381,704
"466,4(7
*10?,413
*250,0O0
45,316,^17

to 3 p.

1 to 3 p.

1

c.

Am'tloaned on pers'l securities
Real estate (estimated value)

$14,765,534

$12,123,721

$12,639,916

$1,000,000
l,0r0,000
181,277
227,150
9,647,818
67,474

$1,000,000
1,000,000
232,733
Deposits in trust
302,153
deposits pay'ble on dem. 12,117,891
Gen'l
Other liabilities
112,757

Surplusfund
Undivided profits

Total

$14,765,534

$12,123,721

t$352,368
tl06,179
t55,050
9.155,122
2 to 4 p. c

*$98,529
"43,353
*22,861
10,529,823

"$221,281
'98,761
Exp. of institution same por'd.
"39,464
Amt.ofdep.onwiiichint.isall'd 11,872,338

2to4p.o.

Other liabilities

$192,7*0

$192,750
2,172," 59

$19,268,027

$1,000,000
500,000
Undivided profits
487,851
Deposits in trust
105,650
General deposits pay. on dem. 17,054,338
Other liabilities
120,188
Total

$19,268,027

8,903,024
583,246
84,951
2,960,208
178,889

$15,075,829

Jwne30,'99*
$20»,750
1,839,212
10,902,257
1,468,508
55,554
3,257,800
199,277
$17,927,358

$1,000,000
500,000
435,467
51,911
12,992,479
95,970

$1,000,000
500,000
344,777
75,719
15,905,355
101,507

$15,075,829

$17,927,358

Supplementary.
Tot. am't of profits during year
Int. credited dep's, same per'd
Exp. of institut'n, same per'd.
Amt. of divs.decl'd same per'd.

Am'tofdep.onwhichint.is all'd
Rate of interest
*

*$394,481
"1&5.904
*63,013
*50,000
16,836,575
2 to

4%

41,519,851
193,426

$54,122,711 $48,238,402
Supplementary.
$1,909,908
Tot. am't of profits during year *$1,235,900
*548,' 92
1,046,456
Int. credited dep's, same per'd.
16i,412
*8«,2 ->5
Exp. of institution, same per'd.
*150,000
300,000
Amt. of divs.derl'd same per'd.
37,677,684
Amt.of dep.,onwhichint.isall'd 43,390,701
1 to 4 p. c. 1 to 4>« p. C.
Rate of interest

$56,959,372

"$915,250
*498,440
"80,769
*150,000
47,416,884
1 to

4^ p.

c.

FIFTH AVENUE TRUST COMPANY.
Resources.

June

June

30,'99.

30,'00.

Dec. 31, '99.

$131,000

$107,000

$87,000

2,751,159
4,079,939
643,608
51,202
888,112
83,784

2,685,559
2,916,459
684,898
52,835
542,853
40,273

2,901,072
4,529,387
1,363,304
22,232

$8,628,804

$7,029,880

$9,401,616

$500,000
500,000
282,983

$500,000
500,000
208,133

$500,000
500,000
105,694

7,345,821

5,770,033
51,713

8,245,163
50,759

$8,628,804

Amt.loaned on pers'l
Cash on hand
Cash on deposit

$7,029,880

$9,401,616

$336,218
137,458
41,928

"$144,303
"62,327
*22,458
8,112,413
li«to3p.o.

securit's.

Otherassets
Total

430,864
67,757

Liabilities.

Capital stook
Surplus fund
Undivided profits
Gen'l dep'its pay'le on dem'nd.
Other liabilities

Total

&Zl7)T)l€t7l£7ltCt V1/m

Totamt. of

"$190,198'
"66,934
"25,963
7,215,753
is all'd.
Ha to 3 p. o.

profits during year
Int. credited dep'rs, same per'd
Exp. of institution, same per'd

Am't of dep.on wh. int.
Rate of interest

5,707,033

^to3p.c.

FLATBUSH TRUST COMPANY (BROOKLYN).
June 30, '00. Dec. 31, '99.
$78,8ro
$39,500

Bonds and mortgages

332,669
313,980
55,085
11,353
98,259
10,362

"$355,066
$700,638
*130,003
318,662
"57,240
117,107
5 per cent
15,738,917
12,813,605
2 to 4 p. o. l^toSiap.o.

For the six months only, Jan. 1 to June 30.

t

Ten months

only.

$645,992

$200,000
100,000

$200,000
100.0CO

4,265
587,538
8,705

2,149
339,198
4,645

$900,508

$645,992

"$14,584

Amountloaned on collaterals
Amount loaned on personal securities.
Cash on hand

327,243
173,150
15,655
22,119
60,615
7,708

$900,508

Stook investments (market value)

Otherassets

Liabilities.

Capital stock
Surplus fund

$1,000,000
5,119,409
50,634,908
205,055

5,r>25,124

Total
Dec. 31,'99.

8tock investments (m'k'tval.) 2,007,777
Amount loaned on collaterals. 10,150,620
Am't loaned on pers'l stcurit's 1,813,106
Cash on hand
62,320
Cash on deposit
4,877,741
Otherassets
163,713
Total

$1,000,000

Total

Resources.

Bonds and mortgages

$56,959,372

Cash on deposit

COLONIAL TRUST COMPANY.
30,'00.

$48,238,402

Resources.

Total am't profits during year
Int. credited dep's same per'd.

June

8,916,051
1,127,877

$1,000,000
5,8»),917
47,146,976
173,818

Capital stock
Surplus fund
Depositsin trust

$12,639,916

1,000,000
41.029
87,922
10,471,744
39,221

6,071.'n5
1,301,820

Liabilities.

Supplementary.

Rate of interest

1,000,000
3,711
13,299,545
1,140,159

.

$54,122,711

Total

$1,0<1 0,000

Liabilities.

Capital stock

i

Cash on hand
Cash on deposit
Other assets

Stock investmts. (market val.)
Amount loaned on collaterals.

June30,'00. Dec. 31, '99. June30,'99.
Bonds and mortgages
$42,000
$36,000
$20,000
8tock invesfs (market value)..
2,292,544
1,358,199
1,596,842
Amountloaned on collaterals. 7,541,905
8,340,796
8,876,421
Am't loaned on pers'l securit's.
402,566
328,919
160,920
Cash on hand
9,362
14,035
12,952
Cash on deposit
4,439,001
1,952,900
1,913,052
Otherassets
33,483
93,954
63,319

$338,575
6,651,900
32,872,845

9,584,<»18
Stock invest, (market value)...
Amount loaned on collaterals . 28,816,703

Bonds and mortgages

Resources.

Jwne30,'99.
$601,400
7,187,900
38,090,098
33,000
1,000,000
1,000,000
3,046
2,045

Dec. 31, '99.

$278,575

Bonds and mortgages

c.

CITY TRUST COMPANY.

T»tal

6,064,639
to 4 p. c.

lJfl

Resources.
June 30,*00.

$59,968,624 $54,674,954 $63,779,816

Total

*$229,192
"89,396
"32,556
"15,000
6,215,687
1 to 3 p. o

FARMERS' LOAN & TRUST COMPANY.

Resources.

Bonds and mortgages

$9,057,889

$590,097
179.745
63,714
30,000

$9,211,360
Supplementary.
Tot.am't of profits during year. *$206,9y4
"80,402
Int. oredited dep's same per'd..
"35,750
Exp. of institution, same per'd.
*15,000
Amt.divid'ds decl'd, same per'd
Amt.of dep.on which int.is all'd 6,996,438
1 to 4 p. c.
Rate of interest

CENTRAL TRUST COMPANY.

1,327,974
6,686,064
9,311

1.612,269
6,390,869
7,861

Deposits intrust

General dep'ts, pay. on dem'd.
Other liabilities
Total...,

Supplementary.
Total amount of profits during year

Jwne30,'99.
$63,075
1,120,304
6,443,962
190,760
123,500
4,266
1,040,320

30,'00.

$10,000

Bonds and mortgages
Stock invest's (market value)..
Amountloaned on collaterals.
Auit. loaned on pers'l securit's.

Liabilities.

Undivided

'

$7,308
1,509
4.163
339,198
2 to 4 p. 0.

Liabilities.

Capital stock

Surplus fund

Undivided profits
General deposits payable on demand
Other liabilities
Total

Supplem entary.

amount of profits during the year
Interest credited depositors same period
Expenses of institution during same period.
Amount of deposits on which int. is allowed.
Rate of interest
Total

"5,941
*5,120

587,538
2 to 3 p. o.

FRANKLIN TRUST COMPANY (BROOKLYN).
Resources.

June 30,'00. Dec. 31, '99. June 30/99.
$440,850$447,850
Bonds and mortgages
$434,200
3,544,511
3,855,374
Stock invest's (market value)..
3,759,507
2,820,471
2,288,941
Amount loaned on collaterals. 2,597,724
1,011,102
564,609
Am't loaned on pers'l securities 1,008,974
492,916
493.457
Real estate (estimated value)..
494,9
60,084
109,492
Cash on hand
113,266
972.421
1,071.428
Cashon deposit
698.300
140,651

70,222

53,987

$9,247,546

$8,901,377

$9,396,342

Otherassets
Total
*

For the six months only, Jan.

1

to

June

30.

THE CHRONICLE.

188
FRANKLIN TRUST

Liabilities.

Liabilities.

June30.'00.
Capital stock
$1,000,000
Surplusfund
250,000
Undivided profits
1,004,594
Deposits in trust
200,358
General deposits, pay. on dem. 6,676,986
Other liabilities
115,108
Total

$9,247,546

Dec. 31. '99.

$1,000,000
250,000
1,016.211
194,256
6,353,942
86,966

$1,000,000
1,202,288

$8,901,377

$9,396,342

30,'00.

Dec. 31, '99.

June 30, '99.

$500,000
900,000
101,612
236,906

$500,000
900,000
41.549
169,1*8

$500,000
850,000
67,007
233,995

7,705,764
101,980

6,59«,859
97,0t;2

6,687,087
89,412

$9,546,262
Supplementary.
Total am't profits during year.
"$196,738
Int. cred dep's same period...
-83,225
Exp. of institut'n same period.
"33,554
* 25,000
Amt of divs. decl'd s one per'd
Am'tof dep.on which int.is all' d 7,658,600
Rate of interest
2 to 4 p. o.

$8,306,659

$8,427,501

$351,648
156,"32
62,767
4", 500

"$152,625
*77,971
"30,207

6,533,8^9
2 to 5 p. c.

6,610,000

June

Jime 30. '99-

250,253
6,813,207
130,594

Supplementary.
Tot.am't of profits during year "$212,162
$502,131
Int. credited dep's, same per'd.
"78,130
159.914
Exp. of institution, same per' d.
"40,842
77,879
Amt. of divs.decl'd.same per'd.
*50,000
100,000
Amt.ofdep.onwhictiint.isall'd
6.775,848
6,311,782
Rate of interest
2 to 4 p. o l 1ato4jj.c.

*$283,302
*77,0=>5

"39,503
"50,000
6,969,846
^ to 4 p. c.

Capitalstock

8urplusfund
Undivided profits
Deposits in trust
Gen'l deposits, pay. on

Other

demand

liabilities

Total

Bonds a ud mortgages

$25,000
Stock invesfts (market value) 13,525,129
Amount loaued on collaterals.. 10,306,102
A'm't loaned on pers'u'l see'fs
943,304
Real estate (estimated value)
149,354
Cash on hand
58,330
Cash on deposit
3,277,341
Overdrafts
12,434
Due from banks
2,682,497
Otherassets
276,116
.

. .

Total

$31,256,107

June
Dee. 31, '99.
$25,<>00

June

30,'99.

12,237,786
8,707,892
292,500
152.564
50,962
3,807,226

$25,000
15,819,430
11,872,964
463,158
151,135
97.657
5,012,753

1,497,994
299,423

1,411,671
132,141

$27,071,351

$35,005,909

$2,000,000
3.500,000
Undivided profits
460,137
Deposits in trust
2,791,554
General deposits, pay. on dem. 22,353,548
Other liabilities
150,368

$2,000,000
3,500,000
404,191
1,410,232
19,579,136
177,790

$2,000,000
3,000,000
872,529
1,557,806
26,459,671
1,115,903

Total

$31,256,107 $27,071,351 $35,005,909
Supplementary.
Tot. am't of profits during year.
'$604,407
$1,696,774 *$1,035,935
Int. credited dep's, same per'd.
"276,978
281,053
563,489
*104,798
Exp. of institution, same per'd.
"92,403
181,584
Am'tofdivs.decl'dsameper'd.
*160,000
*12>,000
240,000
Am'tofdeponwhichint.isall'd 22,323,446
18,047,742
25,439,549
Rate of interest
lto4p.o.
1 to 4 p. o.

HAMILTON TRUST COMPANY (BROOKLYN).
June
Bonds and mortgages

30,'00.

$683,724

Stock invest's (market value)..
Amount loaned on collaterals
Am't loaned on pers'l securit's.
Real estate (estimated value)
Cash on hand
Cash on deposit
Otherassets

1,498,796
2,701,564
214,971
50,691

.

Total

1,635,485
2,687,508
81,700
48.865
50,221
535,284
110,686

951,516
43,312
89,874
$6,234,478

2,020,691

$5,881,376

$6,573,794

$500,000
5(0,000
181,610
184,442

$500,000
500,000
154,801
159,875

$500,000
500,000
144,306

4,831,177
37,249

4,465.136
101,504

151,411
5,139,057
13^,020

$6,234,478
Supplementary.
Tot.am't of profits during year. *$155,089
Int. credited dep's, same per'd.
"74,244

$5,381,376

$6,573,794

$301,753
125.418

"$138,625
"61,506
"25,021
"20,000
5,160,666

Surplus fund

Undivided

profits

Deposits in trust
General deposits, pay. on dem.

Other

liabilities

Total

Exp

of institut'n, same per'd.
Am'tof divs.decl'd.same per'd.

".25,746
"-20.000

Am'tofdep.onwhiehint.isall'd

4,900,620
2 to 4 p. o.

Rate of interest

48,401
40,000
4.515,011
2 to 4 p. o.

2to4p.o

Bonds and mortgages.
Stock invessm'ts market value
Amount loaned on collaterals.

$23,293,668

June

622.242
176,809
241, 733
1,570
6,544
20,059

1,483
26,263

$11,386
600,512
208,756
236,604
10,970
11,145
22,935

$1,082,500

$1,091,978

$1,102,309

$500,000
85,329
50,896
111,511
334,264

$500,000
66,509
51,527
107,736
366,206

$500,000
78.990
58,631
10j 449
358,239

$1,082,500
Supplementary.
"$54,719
Tot. amt. of profits dur'g year.

$1,091,978

$5,289
4,114
14,787
98,671

„

Surplusfund
Deposits in trust
Gen'l dep. payable on

Other

I

demand

liabilities

Total

Int. credited dep'a,
Expens. of instit'n.

same
same

per'd
pnr'd
of dep. on wh. int. allow'd
Amt.
Rate of iuterest

*10,29l
93,848
2 to 3 p. o. 2 to 4»s

p. c.

"2,273
"8*675
108,'335

2 to 4*2

p. c.

LONG ISLAND LOAN & TRUST COMPANY (BROOKLYN.)
Resources.

June

June 30/00.

Dec. 31/99.

$128,533

$132,733

Total

For the

six

1,235,859
6,534,782
584,081
230,326
99,369

1,527,972
5,206,471
747, 3i2

Capitalstock
Undivided profits

5/51,134

651144
227'o4'>

662,910
70,402

$8,306,659

Other

June

1,533,462
1,690,755
103,700
100,000
56.213
134,925
132,058

1/53.375

$4,001,114

$4,299,078

$500,000

$500,000
517,396
72,624

1,984,245
91,700

100,000
53,730
142,776
133,252

530,<>69

2,943,475
29,082

52,837
2,892,245
25,962

3,139,837
77,2 21

$4,167,127

liabilities

Total

$4,001,114

$4,299,078

$163,884
77,843
29,164
42,500

"$86,181
"39,189
"18,890
"20,000
3,204,462
2 to 4 p. c

JS'll 7)'¥)t€ 7H Btl-tCLT'

Tot. am't profits during year.
Int. cred. dep's same period..
Exp. of instiut'n sime per'd..
Am't divs. declared same per'd

u
1'

"$98,36
"37,662
"14,462
"25,000
3,096,180
2 to 4 p. c.

Amt.ofdep.on which int.is all'd
Rate of interest

Resources.
'00

Bonds and mortgages

June 30,
$

Stock invesfts (market value).
Amount loaned on collaterals.

2,945,087

2to4p.

c.

Dec. 31, '99.

$8,000

3,664,267
4,882,564

Cashonhand

3.211.1H5
4,628,715

June

30,'99.

$3,000
3,378,266
6,885,178

500

5(>0

400

3,42^,200
298,178

3,182,921

623,867

4.184,369
455,284

$12,271,709

$11,655,170

$14,911,597

$1,000,000
200,000
994, 4"6
872,788
8,578,904
9,000

$1,000,000
200,000
820,094
2,253,556
10,628,947
9,000

$12,2 71,709 $11,655,170
Supplementary.
$794,323
Tot. am't of profits during year '$461,791
"86,086
206,811
Tnt. credited dep's, same per'd.
"53,956
111,466
Exp.of institution, same per'd.
"30,000
55,000
Am't of divs.decl'd.same per'd
Am'tofdep.onwhiohintisaU'd 7,853,261
7,020,776
1 to 4 p. c.
1 to 4 p. c.
Rate of interest

$14,911,597

Total

Liabilities.

$1,000,000
200,000
1.031,595

Capital stock

Surplusfund
Undivided profits

65«>,514

Deposits in trust
Gen. deposits, payable on dem.

Other liabilities

9,380,598
9,002

Total

"$401,262
"96,130
"52,865
"25,000
10,839,514
1 to 4 p. o.

MANUFACTURERS TRU1T COMPANY (BROOKLYN).
June

30.

64.686
375,765
61,750

June

30, '00.

Dec. 31, '99.

$125,500

$160,000

$166,000

1,383.447
2,418,576

1,556.256
2,288,2<7

1,392.714
2,433,673

949,387
25,827

83-*,802

766,560
36,523

Bonds and mortgages
8took in vest's (market value)..
Amount loaned on collaterals.
Amt.loanedoup.rs'lsto'ties
.

Total

30, '99.

1,626,471
29,338

41.192
752,821
81,359

1,216.688
105,726

$6,558,546

$5,718,669

$6,117,884

5,159.102
33,595

$500,000
500,000
237.907
151.222
4,274, m80
54,659

$500,000
500,000
252.4-5
141,520
4,655.400

$6,558,546

$5,718,699

$6,117,384

Liabilities.

$500,000
500,000
253,397
112,452

Capital stock

Surplus fund
Undivided profits
Deposits in trust

$3,427,501

to

$240,000

1,574,850
1,753,513
107,249
100,000
61,326
189,122
124,317

$500,000
541.863
152.707

Deposits in trust
Gen'l deposits, pay. on dem'd.

30, '99.

224,500
61.338
333,687
72,615

1

$24^,000

Liabilities.

1,766,620

months only. Jan.

Dec. 31, '99.

$4,167,127

Cash on hand
Gash on deposit
Otherassets

$1^,360

June

$9,546,262

Total
*

June 30, '99.

30,'00.

$25b,7r>o

Bonds and mortgages
8tock invest's (market value)..
Am't loaned on collaterals...
Am't loaned on pers'l securit's

Cash on deposit
Otaer assets

Resources.

Cash on hand
Cash on deposit
Otherassets

165,344

$23,293,668 $18,667,463 $20,945,838
Supplementary.
"$374,143
Total am't profits during year. "$410,527
$795,506
"183,397
"201,887
378,983
Int. credited dep's same per'd.
*82,232
"80,416
156,712
Exp.of institut'n same per'd..
"35,000
"35,000
70,000
Am't of divs. decl'd, same per'd
14,7^8,-36
17,111,486
Am'tofdep.ouwhichint.isali'd 17,°02,925
l^toSiip.c.
1 to 4 p. c.
1 to 3 p. o.
Rate of interest

Cashonhand

KINGS COUNTY TRUST COMPANY (BROOKLYN).

Stock invest's (market value).
Amount loaned ou collaterals.
Ain't loaned on pers'l securit's
Real estate (estimated value)..

16.W8.004

Resources.

*1, 7 65

Bonds and mortgages

$1,000,000
843,871
1,968,119

Total

"$5/37

550

Liabilities.

Capital stock

$1,000,000
957,884
1,312,712
15,231,435
165,431

$1,000,000
1,048,108
Deposits in trust
1,650,891
Gen'l deposits, pay. on demand 19,411,297
Other liabilities
183,372

Undivided profits

$1,102,309

Total

$20,945,838

Capital stock

30, '99.

$11,386
597,265
207,013
247,981

Real estate (estimated value).
Cash on hand
Cash on deposit
Other assets

$18,667,463

Liabilities.

Cash on deposit
Otherassets

Dee. 31, '99.

•

210,803

MANHATTAN TRUST COMPANY.

HOLLAND TRUST COMPANY.
Risources.
.7?me3O,'O0.
$11,54:1

June 30,'99

1,802,292
14,535,779
636,503
173,180
2,596,141
397,543

Otherassets

Liabilities.

Capital stock

'99.

3,375,159
12,555,153
3 5.225
140,925
1,433,017
243,0s0

.

3,00-<,057

37,705
22,040
44,033
574, "85
160,634

,

$754,400

Real estate (estimated value)...

Twie 30/99.
$681,624
$705,849

Dec. 31, '99.

Dee. 3 1

$561,900

.

Resources.

30,'O0.

Bonds and mortgages
$571,900
Stock invesfts (market value) . 2.001,670
Amount loaned on collaterals 16,381,613
Am't loaned on pers'l securit's.
383,809
Cash on hand
172,922
Cash on deposit
3,070,951
Total

Liabilities.

Capitalstock
Surplus fund

2to3p.o.

Resources.

Resources.
30,'C0.

*2 <?,500

KNICKERBOCKER TRUST COMPANY.

GUARANTY TRUST COMPANY.
June

LXXI

KINGS COUNTY TRUST CO. (BROOKLYN-(Concluded).

(BROOKLYN)— (Concluded.)

CO.

[Vol.

Qen'l deposits, pay 'le on dem.
Other liabilities

Total
"

For the six months only, Jan.

1 to

June

30.

68,479

.
.

.

July

28

THE CHKON1CLE.

1900.]

189

MANUFACTURERS TRUST COMPANY (BROOKLYN) -(Conol.)

NASSAU TRUST COMPANY (BROOKLYN.)

Supplementary

Resources.

June

June 30,'99.
$154,306
$247,025
116,033
19,108
52,962
2.897

Dec. 31,'99.

3O,'00.

during year.

*4>1 84,071

Int. credited deps. same per'd.
Exps. of institu'n, same per'd.
Amt. of dlv. decl'd, sauoe per'd.
lint.of dep. on which iat. is all'd
Bate of interest

"60,631

rot. ain't of profits

26,756
20.000
5,271,554

50,000
4,426.102
2 to 4 p.o.

*

2to3%

p. o.

*2o,000
4,796,920
2 to 3*2 p.

c.

Dec. 31,'99.

$215,720

$214,720
Bonds and mortgages
Hock invest's (market value).. 4,660,017
Imount loaned on collaterals. 33,732,348
11,500
Im't loaned on pers'l securit's
38,845
Real estate (estimated value)
35,133
Dashonhand
13,221,547
?,a ah on deposit
128,007
Stherassets

7,860,017
31,247,672
12,100
38,845
17,177
8.826,\66
68,527

.

.

$48,286,259

.$52,042,117

Total

June

30, '99.

$265,874
4,980,297
35,687,974
62,3oO
38.K45
46,535
12,394,874
205,969

$53,632,668

Liabilities.

$2,000,000
4,000.000
Surplus fund
417,160
Jndivided profits
3,485,046
Deposits in trust
41,439,928
Jeneral dep'ts, pay. on dem'd.
699,983
)tber liabilities

$2,000,000
4,000,000
230,785
590,792
41,380,201
84,478

$2,000,000
3,000,000
896,973
612,806
46,411,260
761,629

$52,042,117

$48,286,259

Total

$1,949,209
894,462
17<),383

320,000
38,574,746
1 to 4 p.

c.

$903,295
433,695
79,054
160,000
42,486,188
1 to 3 p. c.

MERCHANTS' TRUST COMPANY.
Resources.

June 30/00. Dec.
Jtock investments (marketvalue)
^rnountloaned on collaterals

$547,500
3,492,158
12,663
1,797.699
32,379

Jash on hand
Jash on deposit
Dther assets

Total

31, '99.

$547,500
550,000
333
552,292
6,725

$5,882,399

$1,656,852

$500,000

$500,000

1,000,000
21,955
4,356,635
3,809

1,000,000

$5,882,399

$1,656,852

$*54,965

35,523

3urplus fund

,

Jndivided profits
Senersl deposits payable on demand.
Dther liabilities

Total

Supplementary.
rotal amount of profits during the year
[uterest credited depositors same period
Expenses of institution, same period
Amount of deposits on whloh int. is allowed.
Sate of interest

153,231
3,621

27,626
14,805
4.307,362
2 to 3 p. c.

$4,790,683

$1,885,924
13,213,400
481,800
5,904
1,287,228
190,4^2

.

5,798
2,162,418
177,399

2 to 3 p.

c.

$500,000
370,551

$20,120,773

)ther liabilities

$17,064,679

3,878,272
41,866

June 30,'99.
$1,983,812
17,189,995
481,800
6,150
2,554,408
198,256

$22,414,421

$1,000,000
1,'

100,000

425,265
14,545,841
93,572

$1,000,000
1,000,000
2*0.630
20,065,569
98,222

$20,120,773

$17,064,679

$826,793
407,145
76,016
100,000
13,450,967
1 to 4 p. c.

$22,414,421

$313,486
168,750
33,-70
50,000

$4,790,689

Total

lto3p

(marketvalue)

$3,443,929
20,760,464
1,310,000

kmount loaned on collaterals
Lmount loaned on personal securities

31, '99.

$2,754,5 6
3,127,010

37 573

200.000
3.000

5,412,950
1,124

1,220,876

25o',96^

NEW YORK

$2,000,000
2,000,000
1,026,295

$1,000,000
1,500 000
49,538
4,791,156

$34^217^014

$7,310,695

'$566,023
*183.857

$9«.859
25,348
23.972
4,773,9^8

.'..".".".".

Liabilities.

,

^apital stock

Surplus fund

Jndivided profits
Jeposits in trust

dfmaad

and general deposits pay-

Jther liabilities

TotaI

Supplementary
during the year

amount of profits
credited depositors during

Potal

same

Bonds and mortgages

merest

.*^°T«^
in 1900

J

30,'00.

Dec. 31, '99.

S3.088.537
10,524,565
6,061,337
12,733,955
449,095
1,425,000
1,728,525
1,952,323

June

30, '99.

Cashonhand
Cash on deposit
Other assets
Total

314,088
1,790,418

$3,417,972
9,818,456
7,144,426
10,407,189
449,660
1,925,000
174,912
1,809,337

$37,983,337 $30,598,152

Stock invests, (market value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's
Real estate (estimated value)..

$3,044,372
10,466,534
'5,554,953
7,653,124
449,660

$35,146,952

1,325/00

Liabilities.

46,004
31,180,416
2,268,058

$1,000,000
3,385,052
47,661
24,117,944
2,047,494

$1,000,000
3,376,717
52,448
28,669,544
2,048,243

$37,963,337

$30,598,152

$35,146,952

Supplementary.
Total am't profits dur'ngvear. '$354,774
*553,951
Tnt. credited dep's same per'd.
77,691
Exp. of institution, same per'd
*200,000
Am't of divs. decld.same per'd
Amt.ofdep.onwhiohint.isall'd 31,180,416
Rate of interest
1 to 5 p. c.

$1,506,548
725,075
133,883
400,000
24,117,944

'$769,061

$1,000,000

Capital stock
Surplus fund
Undivided profits
Deposits in trust

Other

3,4t>8,859

liabili ties

1 to 5 p.

325,746
*.V7,085

200,000
28,669,544
1 to 5 p. c

c.

NEW YORK SECURITY & TRUST COMPANY.
Resources.
June 30, '00.

Bonds and mortgages

June 30, '99.
$882,516'
$786,666

Dec. 31, '99.

$490,878
5,i-00,^9
7,058,082
1,828,912
31,828
6,298,024
144,769

8,394,538
6,662,797
1,945,993
144,563

4,902,517
8,554,585
1,548,256
47,v30
1,151,495
156,743

$21,352,982

$18,883,331

$17,147,497

$1,000,000
2,000,000
253,559
18,043,471
55,952

$1,000,000
2,000,000
145,471
15,690,302
47,557

$1,000,000
2,000,000
56,223
14,041,331
49,943

Stock invest's (marketvalue)..

Cash on deposit
Otiierassets

Total

831,114
21,808

Liabilities.

Capitalstock

Surplusfund
Undivided profits

$21,352,982

$18,883,331

$17,147,497

Supplementary.
Tot, amt. of profits during year '$519,102

$1,105,793

SeoO.OSe

182,97«

30=>,615

M:4,330
'100,000
16,479,174
1 to 3 p. c.

89.216
150,000
14,792.530

12,756,097

Ito3p.o.

lto4p.c.

Total

same per'd.
Exp. of institutn same per'd..
Ain't of div. decl'd same per'd..

Am 't«fdep.onwhichinUs all'd
Rate of interest

lSe^S
#
45,513

SO.OOO

NORTH AMERICAN TRUST COMPANY.
Resources.

June

June 30, '99

30,'00.

Dec. 31, 99.

$54,411
2,770,988
3,134,647
1,938,230
174,355
1,713.108
1,980,839
14,430
70,400
440,186

$63,293
1,461,309
4,137,425
310,149
176,517
793,143
4,017,775

$75,257
755,239
666,700
96,276
222,271
2,886,628
864,671

126,565

90,034

$12,291,594

$11,086,131

$5,657,076

$1,000,000

7,355 547
379,965

$2,000,000
1,000,000
129.^69
230,055
7,*09,473
166,984

.$12,291,594

$11,086,181

$5,657,076

360,331
17,215
171,916
75,000
703,973

209,105
7,046

Stock investm'ts(market value)
Amount loaned on collaterals..
Am'tloaned on pers'l securities
Real estate (estimated value)..

Cashonhand

Cash on deposit
Overdrafts
Due from banks
Other assets.

Liabilities.

Capital stock
8urplu» fund

$2,000,000
2,500,000
56,082

Undivided profits
Deposits in trust
Senerai dep'ts, pay. on
Other liabilities

Total

demand

30 >,000
296,067
271. 399
3,741,280
43,330

Supplementary.

period.

expenses of institution, same period
inn. of d-posits on which int'st is allowed..

p. c.

'15,000
3,292,227
2to3iap.c.

Resources.

Total
Total..

2 to 4 1*

3S.476
IS, 611

LIF3 INSURANCE & TRUST COMPANY.

$7,340,695

."."."."".'."".'

)ther assets

Sate of

'$72,201

35,241

29,175,299
15,420

^ashon deposit
Jue f rom banks

.nt.

$161,566
71,407
27,241
30,000
2,914,964

41,566
lnt.credit«d dep's, same per'd.
13,727
Exp of institution, same per'd
* 15,000
Amt.of divs. decl'd. same per'd
Amt of dep.onwhichint.is all'd 3,878,272
2 to 4»s p. c.
Rate of interest

0.

$31,217,014

onhand

n

$4,163,412

Bonds and mortgages

June 30, '00. Dec.

.

Stock investments

,?

$3,803,932

Supplementary.
*$87,297
Tot. am't of profits during y'r.

19,579,*?74

Resources.

»' ,l0

3,292,227
19,692

Int. credited dep's

{ MORTON TRUST COMPANY.

,

2,914,964
22,769

liabilities

Deposits in trust

Supplementary.
rot. am't of profits during year
$469,427
*
nt, credited dep's same per'd
226,574
^xp. of institut'n same per'd.
*38,374
Lint of divs. dec. same per'd.
*5u,000
Lm'tof dep.on whichint isall'd 16,489,634
late of interest
1 to 4 p. c.

Jash

$500,000
351,493

Deposits in trust

Other

Other liabilities

$1,000,000
1,000,000
558,537
on dem. 17,474,838
87,348

Total

,

$500,000
366,198

Uudivlded profits

Am'tloaned on collaterals ....
Am't loaned on pers'l securit's.

Liabilities.

Capital stock
Surplus fund
Undivided profits
General deposits, pay.

$4,163,412

Cashonhand
Dec. 31, '99

30, '00.

Jtock invest's (marketvalue).. $2,022,534
im't loaned on collaterals
lo,269,049
Real estate (estimated value)..
483,575

Total

$3,803,932

Capital stock

1,461

153,105

Resources.

3asb on hand
Dashon deposit
3ther assets

27,106
458,692
46,549

Liabilities.

87

METROPOLITAN TRUST COMPANY.
June

18,445
225,787
36,013

453,50-t

Total

$1,888

,

30,'99.

2,096,663
102,377

iishonhand

Total

Liabltilits.

June

$441,919
882,724

June

Supplementary.
-$865,035
rot. am't of profits during y'r
*396,670
[nt. credited dep's. same pei 'd.
*82,040
Sxp. of institut'n. same per'd.
'200,000
Lm't of divs. decl'd, same per'd
Imt.ofdep.onwhichint. isall'd 38.232,793
1 to 4 p. o.
Sate of interest

Capital stock

Dec. 31, '99.

$444,419
924,730
2,00h,i25
253,791

Stock invest's (marketvalue)..
Amount loaned on collaterals.
Am t loaned on pers'l securit's.
Heal estate (est. value)

$53,682,668

Capital stock

30,'00.

$449,719
849,439
2,613,560
277,512
70.791
40.637

^ash on deposit
Other assets

MERCANTILE TRUST COMPANY.
Resources.
June 30,'00

June
Bonds and mortgages

160,032
25,614,439
1 to 4 p. c.

J months only. Jan. 1 to June 30.
absorbed State Trust Company.

2 to 3*3

p. c.

Tot. am't of profits during year

Iot.crediteddep'rss»ine period
Kxp.of institution. same period

Am't of

divs. decl'd.

sameper'd

303,206
24,513
94,674
'250,000
2,571.740

Am'tofdep.onwhichlnt.isall'd
Rate of interest.
HatoS^p

0.

lkto

Bi

For the six months only, Jan.

1 to

June

30.

3 p. c

•85,979

25,000
554,492
Hflto3p.C.

.
.

THE CHRONICLE.

190
PEOPLE'S TRUST COMPANY

[Vol. LXXI.

TITLE GUARANTEE A TRUST COMPANY.

(BROOKLYN.)

Resources.

Resources.

June

June

30,'99.

Am'tloaned onpers'l secmit's.
Real estate (estimated value)...

Cashonhand
Cash on deposit
Other assets
Total

$846,188

$842,^38

3,006,232
5,932,797
896,075
149.500
154,691
902,354
150,575

2,0^2,817
7,361.059
642,786
149,500
106,650
888,725
122,256

$12,698,212

Stock invesfts (market value)
Amount loaned on collaterals.

Dec. 31, '99.

$843,313
2,782,952
6,949,427
500,772
149,500
118,747
1,227,241
126,260

Bonds and mortgages

30, 'CO.

$12,038,413

$12,146,431

$1,000,000
1,000,000
360.791
774,079
8,657,905
245,638

$1,000,000
1,000,000
2^8,252

$12,033,413

$12,146,431

Capital stock
Surplus fund

$1,000,000
1,000,000
Undivided profits
404,391
Deposits in trust
322,258
General deposits, pay. on dem., 9,746,450
Other liabilities
225,113
$12,693,212

494849
9,081,345
271,985

Supplementary.
Total am't profits during year
*$275,209
$512,555
Int. credited dep'ssameper'd.
"125,753
241,911
Exp. of institut'n, same per'd.
*34,582
63,597
Am't divs. d eclared sam e per'd
*60,000
125,000
Am't of dep.onwbich int.is all'd 9,700,650
9,369,199
Rate of interest on same
2 to 4 p. c. 2 to 4^ p. o.

•$245,265
•112,429

.

*32,36t5

*75,000
9,448,408
2 to 4 p. o.

.

$7,638,708

$7,210,458

1,535,606
933,558

$2,500,000
2,500,000
376,657
70,812
1,258,621
932,618

$2,500,000
2,500,000
228,432
21,140
968,190
992,695

$8,082,653

$7,638,708

$7,210,458

Supplementary.
Total amt. of profits dur'g year *$722,537
*30,958
Tnt. credited deps., same per'd.
*334,305
Expens. of instit'n, same per'd
*1 25,000
Amt. divs. declared, same per'd
Amt. of dep. on wh. int. allowed 2,125,216
Rate of interest
l^to 5 p. 0.

$1,342,953
39,016
615,980
237,500
1,946,624
1 to 5 p. c.

*$715,784
*18,123
*313,659
"112,500

Total

$8,082,653
Liabilities.

$2,500,000
2,500,000
577,047

Surplusfund
Undivided profits
Deposits Intrust
Gen'l dep., payable on

Other

Stock invesfts (market value). $2,920,451
Amount loaned on collaterals. 5,085,752
Amount loaned on per'l secur..
256,609
Cashonhand
25,451
Cash on deposit
1,410,249
Overdrafts
767
Due from banks
769,455
Other assets
160,932
Total

$10,529,666

'99.

$3,339,423
5,110,190
729,237
111,565
1,470,801
16,025
128,463
92,020

June

30,'99.

$1,837,202
6,216,047
979,530
1,V84 748
1,151,121
1,343
120,809
34,431

$10,997,724 $11,624,231

liabilities

Total

$2,500,000
2,500,000
141,466
21,614
5,788,318
46,325

$2,500,000
Surplusfund
2,500,000
Undivided profits
123,791
Deposits in trust
6,338
General deposits, pay. on dem. 5,397,973
Other liabilities
1,564
$10,529,666

$10,997,724

$500,000
500,000

& liab'ity thereon

$11,624,231

Stock investments (market value)
Amount loaned on collaterals
Amount loaned on personal securities

5,103,132
*0267

7,000,069
2 to 3*2 p. o.

June 30,

Cash on deposit
Other assets
Total

$347,000

$304,000

1,671,191
2,494,000
9,500
123,495

1,817,288
3,683,345
9,250
16,104

739,071
30,773

General deposits payable on demand
Other liabilities
Total

$6,437,390

$5,415,032

$6,529,709

$?00,000
250,000
250,305

$500,000
250,000
233,628

$500,000
250,000
218.765

5,487,483
9,602

4,406,258
25,145

Deposits in trust

Other

liabilities

Total

$5,415,032

$6,529,709

$283,975
123,126
44,288
40,000
4,325,340
lJ2to4p.c.

*$136,448
•54 822
•21,258
•20.000
5,372.545
1 to 3 p. o.

Supplementary.
Total amt. profits during year. *$133.626
Int. credited dep'rs same per'd
*71,576
Exp. of institution same per'd
*24,517
Amt.of divs. decl'd, same per'd
'20,000
Amt.dep.onwh. int. is allowed 5,336,784

Rate of interest

1 to 3*v p.

c.

*292,561
*79,488
Expenses of institution, same period
*73,369
Amt. of deposits on which interest is allowed 10,784,781

June

30,'00.

$10,533,362

Dec. 31, '99.

Capital stock

$1,000,000
100,000
236,743
Deposits in tru«t
3,758.468
Gen'l dep. payable on demand 4,960,812
Other liabilities
477,339

Surplusfund
Undivided profits

June

30, 99.

$2,001,135
2,289,374
106,685
9,881
682,285

$1,412,590
2,351,785

19,654

33,275

$5,109,017

$5,150,373

$1,000,000
100,000
151,180
819,897
2,972,740
65,199

$1,000,000
100,000
80,235
30,^78
3,701.070
2d8,090

$10,533,362

"2,745
1,349,978

$5,109,017

$5,150,373

*44,451
*21,788

$192,872
50,235
32.001

*$102,320

Amt.of dep.onwhlohlnt.is all'd 8 413,595
Rate of Interest
2 to 3 p. o.

3,443,633
2 to 5 p. o.

Supplementary.
Tot. amt. of profits during year. *$154,647
Int. credited deps., same per'd.
Exp. of institut'n, same oer'd.

*

For the six months

only, Jan. 1 to

June 30.

6,673,142
2 to 4 p.o.

June

Resources.

30,'00.

l,50 a ,525
2,828,275

Stock investments (market value)
Amount loaned on collaterals

Cash on hand
Cash on deposit

455
793,157
7,151
$5,137,563
Liabilities.

Capital stock
Surplus fund

$1,000,000
1,000,000
18,688
3,118,067

Undivided profits
General deposits payable on demand
Other liabilities

808

Total

$5,137,563

Supplementary.
Total amount of profits during the year
Interest credited depositors during same period
Expenses of institution, same period
Rate of interest

*$56,483
*16,145
*27,982
lto 3 p. o*

UNION TRUST COMPANY.
Resources.

June

3O,'O0.

Dec. 31, '99.

.Tune 30, '99.

$1,3 U 9.447
Stock invesfts (market value). 12,254,628
Amount loaned on collaterals. 31,080,768
Real estate (estimated value). 1,900,000
Cashon hand
5,024,661
Cash on deposit
6,912, h09

865,430

$1,644,597
8,445,722
27,383,829
1,900,000
2,527,807
1,632,203
911,014

$2,164,783
9,740,020
32,516,041
1,900,000
2,044,464
1,680,351
603,850

$59,437,743

$44,445,173

$50,649,509

$1,000,000
6,168.808
36,670,433
605,931

$1,000,000
5,968,983
42,062,279
718,247

$59,437,743 $44,445,173
Supplementary.
2,009,175
Tot. am'tof profits during year*$1.017,181
*566,165
841,757
Int. credited dep's, same per'd
*108,061
222,410
Exp. of institution, same per'd
*160,000
320,000
Am't of divs.deol'd.same per'd
Amt.of dep.onwhiohint.isall'd 50,178,380
35,421,579
1 to 4 p. 0.
1 to 4 p. o.
Rateof interest

$50,649,509

Bonds and mortgages

Other assets
Total.

Surplusfund

Liabilities.

Total

0.

TRUST COMPANY OF NEW YORK.

Capital stock

Resources.

Total

1 to 3*2 p.

$200,054
76,872
114,839

Liabilities.

STANDARD TRUST COMPANY.
Stock inves'ts (market value) . $,',014,894
Amount loaned on collaterals.. 3,850,905
Amt. loaned on pers'l securii's.
Cashonhand
6,224
Cash on deposit
2,465,000
Duefrombanks
2,178 356
Otherassets
17,983

6,842,854
46,239

$16,151,650 $11,974,699

5,478,089
82,*55

$6,437,390

Surplusfund
Undivided profits

$2,500,000
2,500,000
85,605

Supplementary.
Total amount of profits during the year
Int. credited depositors during same period.

64^,933
56,789

Liabilities.

Capital stock

$2,500,000
2,500.000
216,626
69,650
10,841,692
23,682

Capital stock
Surplus fund

'99.

$250,000

Cashonhand

$11,974,699

Other assets

1,554,492
3,880,356
11,000
114,711
598,069
30,762

Stock in ves'ts (market value).
Amount loaned on collaterals.
Amt. loaned onpers'l securit's.

$16,151,650
Liabilities.

Total
Dec. 31, '99.

$22,500
5,034,258
5,259,200

780,542
130,261

Total

Resources.
30,'00.

Dec. 31, '99.

243,510
11,966
1,316,819
86,444

Cash on deposit
Otherassets

*$254.002
*93,304
*32,049

REAL ESTATE TRUST COMPANY.
Bonds and mortgages

5,425,077
9,472.554
302,000
18,716

Cashonhand

Rate of interest

$222,227
383,061
108,770
118,803
175,000

Tot. am'tproflts during year.. *$243,199
Int. credited deu's. same per'd.
*92,389
Exp. ofiDstitut'n. same pe'd.
*142,894
Am't of div'sdecl'd same per'd.
Am't of dep.on which int.is all'd 4,883,800
Average rate of interest
2 to 3 p. o.

June

e

.

8,794
10,615,437

Supplementary.

Debts guar.

June 30,*00.
$ 2. 00

Deposits in trust

Capital stock

1,445,361
1 to 5 p. 0.

TRUST COMPANY OF AMERICA.

Undivided profits

Liabilities.

Total

3tf,442

demand

Bond and mortgages
Dec 31.

30, '99.

$4,874,306
1,055,250
200,000
351,048
104,096
450.C00
175,757

Resources.

Resources.
30,'00.

June

$5,316,119
1,031,250
10 ,000
8,243
456,1^4
450,000
176,913

$5,875,369
Stock investm'ts (market val.) 1,031,250
Real estate (estimated value).
200,000
Cash on hand
12,662
Cish on deposit
333,437
Plant
450,000
Other assets
179,935

PRODUCE EXCHANGE TRUST COMPANY.
June

Dec. 31, '99.

Bonds and mortgages

Capital stock.

Liabilities.

Total

June 30,'00

*3,985
*22,OM5
2,984,985
l 1* to 3 p.o.

Deposits In trust

Other

liabilities

$1,000,000
6,351,756
51,369,543
716,444

Total

$027,21O
•402,634
•107,007
•160,000
41.506,375
1 to 4 p. 0.

UNITED STATES MORTGAGE & TRUST COMPANY.
Resources.

June

30,'00.

Dec. 31. '99.

June 30,'99.

$8,859,726
Stookinvesfs (market value).. 3,3*8,(81
8,13^,809
Loaned on collaterals
772,732
Loaned on personal securities.
153,636
Real estate (estimated value)..
41,791
Cash onhand
3,870,411
Cashon deposit
3 017
Overdrafts
727,743
Other assets

$9,632,008

$9.007,4t>7

4,81)9.920

4,988,027
10,450,890
117,585
19t,00O

604,681

822,214

$25,917,516

$26,334,411

$27,919,337

Bonds and mortgages

Total
*

For the six months only, Jan.

1 to

7,320.132
64^,136
141,076
27,067
3,096,387

June 30.

37,0;)5

2,302,059

July

THE CHRONICLE.

28, 1900.]

191

UNITED SPATES MORTGAGE & TRUST COMPANY— (Concluded).
Liabilities.

June

30,'00.

$2,000,000
2,250,000
376,^29
Undivided profits
753,621
Deposits in trust
General deposits, pay. on dein.. 12,399,654
8,137,442
Other liabilities
Capital stook
Surplus fund.

Dec. 31,'99.

$2,000,000
2,250,000
162,9(3
2,758.870
11,026,479
8,136,158

June

30,'99.

$2,000,000
2,000,000
1*7.414
3.864,430
11,674,-36
8,252,557

COMMERCIAL EPITOME.
Friday Night, July 27, 1900.
changes have occurred in the general business situaMid-summer dulness has continued to be experienced
tion.
in many lines with the general feeling hopeful over the prospect for the fall trade. The weakness in the iron and steel
market has continued, although an important meeting of the
leading interests in the trade has been held in Chifor
the
purpose of
adopting
past week
cago the
some plan to improve the situation. Values for other
staple products have as a rule been well maintained.
Weather conditions in the South and West h^ve been as a
rule favorable, and the reports received have been generally
of improved crop prospects. Uneasiness over the situation
in China continues, and it has been a disturbing factor in the

Few

$25,917,546 $26,334,411 $27,919,337
Supplementary.
$2,384,963 *$1,282,217
Tot. am'tof profits during year. *$767,235
*313,040
*292,49l
608,553
Int. credited dep's, same per'd.
*96,936
*107,715
168,963
Exp. of institution, same per'd.
"100,000
*100,000
200,000
Ani't of dlvs deol'd, same per'd.
11,633,490
13,8*1,944
Ain'tofdep.onwhichint.isall'd 12,331,746
lto4p.o.
lto4p.o.
1 to 4 p. c.
Rate of interest
Total

UNITED STATES TRUST COMPANY.
Resources.
30,'00.

Dee. 31, '99.

June 30,'99.

$4,371,000
22,071,464
31,2b0,304
14,761,140
1,000,000
11,506,627
831,766

$4,255,500
18,982.053
24,101,612
8,397,348
1,000,000
6,910,236
655,538

$4,413,500
20,429,039
3o,833,533
14,0^8,^03
1,000,000
5,717,486
794,711

$85,802,301

$64,302,289

$77,286,772

$2,000,000
10,000,000
1,313,201

$2,000,000
10,000,000
1,010,632

$2,000,000
10,000,000
881,830

Deposits in trust and general
deposits, payable on demand 71,252,520
Other liabilities
1,236,580

50,176,021
1,115,635

63,295,055
l,109,b87

$64,302,289

77,286,772

$2,785,910
1,108,901
132,545
800.000
49,443,835

*$1,380,039
*504,941
*69,7o5
*400,000
60,955,735

June
Bonds and mortgages
Stock invest'ts (market value).
Amount loaned on collaterals.

Am'tloaned on

pers'l securit's

Real estate (estimated value)..
Cash on deposit
Otherassets
Total

business outlook.
Lard on the spot has had only a limited sale and prices
have declined; the close was steadier at 7'12i^@7*15c. for
prime Western and 6 "600. for prime City. Refined lard has
had a fair sale for export. The close was steady at 7 45c. for
refined for the Continent. Speculation in the market for

Liabilities.

Capital stock
Surplus fund

Undivided

profits

Total

85,802,301
Supplementary.
Tot. am'tof profits during year *$1,578,545
Int. cred dep's. same period
*759,873
Exp. of institution, same per'd.
*68,140
Am'tof divs.decld same per'd
*500,000
Amt.ofdeponwhiohint.isall'd 69.343,537
.

.

Rate of interest

ltoSJap.

o.

ltoS^p.

o.

lto3p.

-

and early in the week prices
weakened following the decline in grain. The close was
steadier on smaller receipts of swine than expected and
lard futures has been quiet

shorts covering.

DAILY CLOSING PBICE8 OF LARD FUTURES.
Sat.
Mon. Tuts.
Wed. Thurt.
July.

o.

Resources.
Dec. 31. '99.

$109,100
976,655

$103,100

Bonds and mortgages
Stock invest'ts (market value).
Amount loaned on collaterals..
Amt. loaned on perB'l seourifs.
Cash on hand
Casn on deposit
Otherassets

1,259,070
5,055,050
53,000
2,602

6,091,012
53,000
5,513
860,933
70,542

June

30,'99

$103,100
875,748

70,594

6,538,367
103,000
1,982
841,013
55,881

$7,209,038

$8,519,091

$500,000
500,000
210,235

$500,000
500,000
183,253

$500,000
500,000
149.433

6,910,892
45,628

5,977,489
48,295

7,344,677
24,981

$8,166,755

$7,203,038

$8,519,091

Supplementary.
Tot. am'tof profits during year. *$186,843
Int. credited dep's same per'd.
*99,982
Exp. of institut'n same per'd..
*25,750
Am'tof divs.decl'd same per'd
*25,000
Amt.ofdep.onwhichint.i8all'd 6,770,655

$310,473
143,989
46,*27
50,000

*$134,746
*67,913
*21,637
"25,000
7,247,287

Total

$8,166,755

66 >,622
c

Liabilities.

Capital stock
Surplus fund

Undivided

profits

Deposits io trust and general
deposits payable on demand.

Other

liabilities

Total

Rate of interest

lto4p.c.

5,927,257

lto4p.o.

June

Dec. 31. '99.

1,314.350
1,692,941
209,805
12,875

1,133,068
1,499,473
97,914
49,283
314,687
27,087

$4,493,114

$3^211,515

$2,260,928

$700 000

$700,000
350 000

$90,000

I,l26,f>89

Other assets
Total

30,'99
$90,0<
1,0-11,293

900,241
10f,3i6
7,434

July

Undivided

profits

Deposits in trust
Gen. depos. payable on dem'd.

Other

liabilities

$700,000
350,000
76.500
31,339

8ept

118,f-66

5,048

$4,493,114
Supplementary.
Tot. amt. of profits during year
*$93,128
Int. credited dep's. same per'd.
*31,713
Exp. of institut'n same per'd.
*14,561
Am'tofdeponwhichint.isaird 3,352,116
Rate o f interest
2 to 3*3 p. o.

For the six months only, Jan. 1 to June

.— F.

407

$2,260,928
*$16,7I3
*4,870

18,9 >4

*7,411

2,114,990
2 to 4 p. c.

91,301
*2to3iap.o.
*1,1

30.

Lisman & Co., 30 Broad St., have issued a very full
accompanied with a map, giving the facts respecting
the new Atlantic & Danville bonds, including the terma of
the lease to the Southern Railway Co., the rental under
which serves to guarantee the interest.
—Samuel H. Barrows, 38 Broad St., New York, has for
years made an especial feature of dealings in unlisted gas,
J.

water, traction, electric, railroad, municipal,

etc.,

bonds.

is solicited.

—Winslow, Lanier &

number

column.

Co. will pay, Aug. 1, dividends on a
of securities, a list of which will be found in another

825o.

Dec

8-40o.

Jan
March

May

8-45e.
8*55o.
8*65p-

close

(

was firmer

Spanish, 10@12c.
200 cases 1898 crop, Pennsylvania seed
113^@13c; 200 cases 1898 crop, Wisconsin Havana seed,
12c, and 100 cases 1899 crop, New England Havana seed,
forced sweat, 45@60c; also 400 bales Havana at 65@80c. and
250 bales Sumatra at 90c.@$l 70.
Arrivals of Straits tin during the week have been moderately large and prices have declined rather sharply, closing
steady at 34c. Ingot copper has been quiet and unchanged
at 16V£c. for Lake.
The demand for lead has been dull, but
prices have not changed, closing at 4c. for domestic. Spelter
has been quiet but steady at 425c. for domestic. Pig iron
has sold slowly and prices have been easy, closing at $13@$18
for domestic.
Refined petroleum has been firmer, closing at 8 05c. in bbls.,
5-50c. in bulk and 9-35c. in cases.
Naphtha unchanged at
9 '55c.
Crude certificates have been firmer, closing|at $1 29 J^
Credit balances have been advanced to $1 27. Spirits turpentine has been quiet and prices have weakened to 44^@45c,
closing steady. Rosins have held steady at $155 for common and good strained. Wool has had a limitedjsale at steady
price. Hops have been quiet but well held.
leaf,

circular,

Correspondence

The

;

$73,843
27,315

8-20o.

firm, reflecting stronger foreign adat 4 29 32c. for centrifugals,
96-deg. test, and 4%c. for muscovado, 89-deg. test.
Refined
sugar has been lees active but firmer, closing at 6*10c. for
granulated. Teas have been fairly active and firm.
Kentucky tobacco has been in fair demand and firm, on
less favorable crop news.
Seed leaf tobacco has had only a
small sale, but values have held steady. Sales for the week
were 900 cases, as follows : 400 cases 1898 crop, Zimmers,

1,190,893
15,197

$3,211,515

Oot.J.

Nov

Raw sugars have been

vices.

4,431

1,762
2,113,228
7,962

3,320,777
14,498

Total

*

350,000
38,561

8*05o.
8*050.
8-lOc.

Aug

Liabilities.

Capital stock
Surplus fund

Fri.

715

A

June 30,'00.
$115,000

securit's

7-02

Cheese has not been in excessive supply and prices have held steady at 8@9J£ c. for State
factory, full cream. Fresh eggs have been in fair demand and
firm at 15@l5%c. for choice Western.
Brazil grades of coffee have had a moderate sale for shipment from Brazil, due to the receipt of lower firm offers,
made possible by a decline in the rate of sterling exchange.
The close was firm at 9}£c. for Rio No. 7. West India
growths have been quiet, but as there has been no pressure
to sell, prices have held about steady, closing at 10%c. for
good Cucuta. Speculation in the market for contracts has
been moderately active, but at declining prices.
decline
in sterling exchange in Rio and lower offers of coffee from
Brazil have prompted more aggressive selling. European
advices also have been easier.
The close was firmer on a recovery in sterling exchange. Final asking prices were:

1 to 3 p. o

21,554

Am'tloaned on pers'l
Cash on hand
Cash on deposit

707

easy at 17@20c. for creamery.

Resources.

Stock invest'ts (market value).
Amount loaned on collaterals

710

,

WILLIAMSBURG TRUST COMPANY (BROOKLYN).
Bonds and mortgages

7-15

The demand for pork has continued limited and the tendency of prices has been in buyers' favor, closing at
$12 50@13 25 for mess, $15@15 50 for family and $13 50@15 50
for short clear, Cut meats have had a moderate sale at steady
prices, olosing at 6%c. for pickled shoulders, 9%@10}^c. for
pickled hams and 8J^@9c. for pickled bellies, 14@10 lbs.
average. Beef has been quiet but steady at $9 for mess,
$9 50@11 for packet, $10 5U@12 for family and $16@16 50 for
extra India mess in tcs. Tallow has been dull and prices
closed nominally at 43^@4%c. Lard stearine has been unchanged at 8c. but oleo-stearine has weakened to 7^c.
Cotton seed oil has been quiet, closing at 36^@37c. for prime
yellow. Butter has advanced slightly, but the close was

WASHINGTON TRUST COMPANY.
June 30. '00.

712

,

.

6

. .

'

THE CHRONICLE.

192

COTTON.
B'eiday Night, July

27, 1900.

The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total reoeipts have reaohed 27,954 bales,
against 40,879 bales last week and 25,612 bales the previous
week, making the total reoeipts sinoe the 1st of Sept., 1899,
6,515,809 bales, against 8,381,825 bales for the same period of
1898-9, showinga decrease since Sep.l, 1899, of 1,866,016 bales

[Vol. LX2.I.

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, whioh are prepared for our special use by Messrs,

We

Lambert At Barrows, Produce Exchange Building.
ON SHIPBOARD, NOT CLEARED FOB—
July 27 at

Leaping
Other
Britain. France. Foreign

Breat

flew Orleans...

at—

Receipts

Mon.

Sat.

•

Wed.

Tue*.

Thurs.

13

161

......

......

'

60

86

11

......

......

976

1,445
1,366

769

333
408

2

408
659

Sab. Pass, Ac.
New Orleans...

2,110

250

2

1

Pensaoola, Ac.

......

••..

••••

......

......

......

393

1,646

628

607

424

753

•>>•

......

......

••••••

......

......

121

284

1

5,343

None.
None.
None.
None.
None.
7,000
5,000

None.
None.
None.
None.
None.
None.
None.

18,648

Total 1899. .
Total 1898...

9.213
22,661

Mobile
Norfolk

4,451

......

6,648

Galveston

Total 1900...

Total

Fri.

6
.

Brunsw'k.&o.

142

Oharleston....

Royal.&o

6,209
1,375

548

•••...

......

......

1,131

......

......

.••••

Wash'ton.&c.
Norfolk

......

......

......

..••..

......

1,771

736

1,158

1,146

News, &c

......

•••••-

......

Boston.........

£00
344

471

123
S81

149

a

35,084

110,554

11,579
2,600

44,293
36 279

356,171
227,100

5,651

409
305

6,619

27,954

281
1,248

55
334

763

week

3,271

6,177

4,204

5,671

2,012

The following shows the week's total receipts, the total since
and the stook to-night, compared with last year.
1899-1900.

Receipts to

This
week.

July 27.
Galveston..
Sab.P.,&o.
New Orleans

Mobile
P'saoola, &o.

Savannah..
Br' wick. Ac

Charleston.
P.Royal.&c.

Wilmington.
Wash'n, &c.

N'portN.,&c
New York.
Baltimore .
Philadel.&o
Totals

1898-1899.

Since Sep.
1, 1899.

This
week.

Stock..

Since Sep.
1, 1898.

233 1,699,874
408
87,345
6,209 1,855,152
1,375 197,810
152,095
4,451 1,074,444
120,084
548 262,133
1,235
1,131 279,691

1,811 2,201,821

799
404,474

1899.

1900.

915 2,298,880

1,351

5,508
1,248

33,288
79,494
118,099
100,885
48,£07

378
5,651

409
305

27,954 6,515,809

7,548

10,730

61,118
4,412

161,195
5,638

14,395

9,126

2,923

5,996

3,860

9,471

76,370
31

250
273
235
1

249,886
242,033
1,080,708
274,286
371,154
23,424
291,682

..a»-

..„•

684,250
34,405
120,383
314,730
64,370
52,092

2,719
1,445

30,768

37,057
3,500
3,516
3,145

145,065
7,000
7.117
7,664

7,372 8,381,825

145,638

400,464

1,602

347
200
1,166

294
247

694

In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
at—

1900.

1899.

1898.

G-alveB'n.&o.

741

915

New Orleans

6,£09
1,375
4,451

1,811

Mobile

Savannah..

All others...

wk

Sinoe Sept.

l

31

273
235

548

<fee

Wilm'ton, Ac
Norfolk
N. News, Ao

1897.

46
636
355
7
4,631

2,157

1,313

27,954

7,372

9,728

1

1,602

252
984
41
98
31
36
178
28

1,346
1,394

1,131
5,508
1,248
6,743

1896.

1895.

634
3,210
17

973
98
3

83

762
80
117
30
25
53

1,559

128
141
£95

610

3,207

347

5,539

1,760

*

6515,809 8381,825 8599.1CO 6676,486 5210,938 7865.690

Week

Sndlm

Jv.lv 27 ,1900.

from

Sept.

Exported to—

Export*

from—

Great

France

Brit'n.

Galveston....
Bab. Pass,
New Orleani.

3,100

1899, to July 27. 1900.

Exported to-

Conti- lotal
Great
France
nent. Week. Britain.

670
374
894

Ac

1,

670
874
8.994

Mobile
Pensaoola....

600,457 362,206
12,114
2,187
674,762 226.690
101.J18

60.788

16,247

181,474

39,828

Oontinent.

lottrt

618,681 1.481,248
62 8-21
67,162

717,8.8 1,618,290
81,692 133,004
66,390
132,426
499,902
720,704

67.666

16,626

88,291

6fl,0o9

112,847

178,906

44,669

230,079

274,736

30,429

9,233

168

23,968

1,894

4,199

9,7hl

200 306

71

7.972

133,089

1,8:2

1,918

46,878
7.043
10,398

....

Charleston..
Port Royal..

....

Wilmington.
Norfolk
N'portN., Ac

••••••

.

New York...

168
6.632
7,901

Baltimore....
Philadelphia.
Ban Fran.,

46

"V

&c
18.737

Total, 1898-99.

8,080

3,796

200 ~1?,575

36,931

278,625
3,629

39.662
i 5,862
621,962
138.718

2,17',

134,616

1S2.0"1

177.327

187,720

7.0*3

24.817 2,256:3 12 684,766 2,860,109
16,671

M89.7W

7H2.7M1 2,864,261

tion in practically all sections of the cotton belt as being
favorable for an improvement in the condition of the crop.
The demand for cotton, both at the South and Liverpool, has
been flat; in fact, the daily sales of spot cotton reported at
the latter market the past week have been the smallest recorded for a considerable numbar of years past. The
reports as to the condition of trade in the cotton
goods market also have been of a dull business,
and there has been increased uneasiness over the situation in
China. Against this, however, is the strong statistical position, with the markets in Liverpool and New Orleans under
the control of bull cliques, and a general disinclination to
sell, awaiting further development as to the prospects of the
yield from the growing crop. To-day there continued a
quiet and nervous market. The opening was slightly lower
on the character of the foreign advices and favorable crop
news. During the day, however, on scattered buying and
absence of sellers, prices advanced a few points, closing
steady 2@4 points higher for the day. Cotton on the spot has
been dull, closing at 10 l-16c. for middling upland?.
The rates on and off middling, as established Nov. 15, 1899,

by the Revision Committee, at which grades other than
middling may be delivered on contraot, are as follows.
Fair
..o. l%on Strict Good Mid. Tinged. o. 3, 6 on
Middling Fair
Even
% on Good Middling Tinged
Strict Good Middling
% off
'jeon Middling Tinged
Strict

GoodMlddling
Low Middling

5 ieon
3 ieOfl

Low Middling
Good Ordinary

7 ieoff
off

6,71 1,3!
7,':ne,:;t6

Strict Middling Stained....

Low Middling Tinged

**off
&i h off
'IB off
off
1
off

Middling Stained..
BtrictLow Mid. Stained...
Good Ordinary
liieoff Low Middling Stained
1%
On this basis the official prices for a few of the grades fcr
the past week July 21 to July 27 would be as follows.

%

8triot

—

—

mon Tuea Wed

UPLANDS.

Sat.

9ood Ordinary

8's,

8i5ie

Low Middling

99 i8

9S>ie

Middling

10
lu 5 ie los l6

ilO

Good Middling

\0\

|l0%

Middling Fair

GULF.

Sat.

Tk, Fri.
9

9

9h6

91l8

9U 16 9»if 95s
9%
10% '10% 10 u ,10Ma
107 l6 107 16 1U%
10%
10% 10% 10'3, e |lOl3 18
Tues Wed Tk. Fri.
l

1

mon

5
95
93, a
9*
2 !«
9 8
913 1( 9i3 16 9 5
fll5 IP
10*4
10 * 1039 10%"' 10 5 ia
10» ia 109i« loii u 10 ii 8 |io%
11
111
11% 11% |in,«

Gtood Ordinary.

93, fl

Low Middling..
Middling

1

Qood Middling.
Middling Fair..

The exports for the week ending this evening reach a total
of 24,817 bales, of whioh 16,737 were to Great Britain,
to France and 8,080 to the rest of the Continent. Below
are the exports for the week and sinoe Sept. 1, 1899.

Brunswick

15,837
10,918

100

2,380

919

......

......

Sept.l, 1899,

Tot. this

7,664

29.407
10,466

1.131

156

Philadel'a, Ac.

GhaB'ton,

8,713

1.800
7.650
5,000

......

....a.

Baltimore

Receipts

5,343

None.
500
None.

44,367
4.165
14,395
2,4*3
4.412

2,858

416

Tot. this

16.751
3,383

None.
None.
None.
None.
6o0
None.

80
None.
None.
500
None.
1.S00
None.
None.

4,680
3,383

Speculation in cotton for future delivery has been quiet,
and although the fluctuations in prices have been within a
narrow range, the tone has been decidedly nervous, owing to
Developments have
5,508 an unsettled condition of the trade.
Private advices from
1,248 been, as a rule, of a bearish character.
378 the South have quite generally reported the weather condi-

......

N'p't

Other ports

stock.

Total.

409

*.>•

Wilmington....

Pt.

New York

Coastwise.

STAINED.

Sat.

mon Tuea Wed

8%

Low Middling...
Middling
Strict Middling
Qood Middling Tinged.

8%
9%

9S>16

10

8H]8

8%

99,8

10

Tn.

SI* 16
9%
10<«

9%

9li le

9is„

9%

10%

lOlifl

9*4
9 78

10*16
lUlfl

Fri.

g"x»

9%

9is l8
101,8

The quotations for middling upland at New York on
July 27 for each of the past 32 years have been as follows.
1900....0 10ii«

6%

1892 ....o. 7%
1891
8

1899
1898
1897
1896
1895
1894

6ij ft

1890

12i*

7iS 16
73 lb
7

1889.
1888

10'3 16

1893

8

7

115, 6

10%

1887
1886
1885

9%

10H

1884. ...O.ll
1883
10
1882
12l3i 6
1881
11%
1880
11%
11' ijg
1879
1878
ll"ie
1877
12%

1876.. ..0.115i

14%

1875
1874
1873
1872
1871
1870
1869

17
21
12

20\
20>4

31

MARKET AND

SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures dosed on
game days.
Sales of Spot a Contract.
Futures
Spot Market
Market
ExOonClosed.
Closed.

Saturday .. Quiet
Monday.... Wnlet,
Tuesday... Quiet at
Wt-dnesdayiDuil
Thursday.. Dull at
Dull
Friday
Total.

Very steady.
Quiet

% adv..
iia

Firm

tract

port.

Total.

1U

134
ISO
102

900
100

1,050

155
200
26

Quiet
dec.ibteady

QuietAst'dy
586

5C0
50O

202
155
700
520

381

2.000

2,767

?

.

July

.

THE CHKONICLE.

28, 1900.]

Futures.— She highest, lowest and closing prices
New York are shown in the following table.

week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the

for the

00

aorresponding period of 1898-99— is set out in detail below.

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1898.
948,000
4,000
952,000
19,000
220,000
1,000

,»•

MMOi'to'<)b"Ip'b"io^n©booM"Ip.^ocn w»lnox>b©1p-Vi©M'enocenen

^0©©»tOr-ifc©tO©coenOOCO©0«qowWWOrienOMenMento
MtowMW©w©r-©W'XcnM©wwe''©K-©-qaoM-3©coe7no©c"

227,000 1,018,000 866,000 604,000
363,000 589,000 494,000 336,000
American afloat for Europe. .
35,000
83,000 1O6.000
62,000
United States stook
145,638 400,464 263,379 106,638
United States Interior stocks.
28,743
121,674
53,408 237,436
United States exports to-day..
2,006
5.109
8,725 _
2,476
Total Amerloan
874,522 2,359,625 1,812,162 1,112,337
Ecut Indian. Brazil, <*c.—
Liverpool stook
91,000
79,000
82,000 117,000
London stock
6,000
4,000
5,000
9,000
Continental stocks
88,200
68,300
34,200
76,300
India afloat for Europe
38,000
31,000
28,000
74,000
Egypt, Brazil, Ac, afloat
15,000
12,000
15,000
18,000
Total East India, <fco
174,200 206,300 241,300 264,200
Total Amerloan
874,522 2,3^9,625 1.812,162 1,112,387
Total visible supply
1,048,722 2,565,925 2,053,4.62 1,376,537
Middling Upland, Liverpool..
49 3 ..id.
3i6 3 ^d.
5%d.
33ad.
Middling Upland, New York.. 10ii«o.
6i ]6 o.
8o.
6^0.
Egypt Good Brown, Liverpool
53 ia d.
5S8d.
6 Sad.
47i 6 d.
Peruv. Rough Good, Liverpool
678 d.
6'8 d.
63, 6 d.
7^.
Broach Fine, Liverpool
5l3 ]6 d
4"?32d.
39 ied.
3>ad.
Tlnnevelly Good, Liverpool. .
4Sied.
5d.
8^d.
35i 6 d.
..bales.

The imports into Continental ports the past week have
been 31,000 bales.

The above figures indicate a decrease in the cotton in
sight to-night of 1,517,203 bales as compared with the same
date of 1899, a loss of 1,004,740 bales from the corresponding
date of 1898 and a decline of 327,865 bales from 1897.

X
9s

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The above totals snow tnat tne interior stocks nave deceased during the week 10,845 bales, and are to-night 184,028
bales less than at same period last year. The receipts at all
towns have been 1,110 bales less than same week last vear.

©

totao©.

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I

Overland Movement for the Week and Since Sept. 1.—
We give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
July 27 and since Sept. 1 in the last two years are as follows.

1899-1900.

July 27.
Week.

1898-1899.

Since
Sept. 1.

Week.

Since
Sept. 1.

8Mpped—
5,795

VlaOalro
Via Paduoah
Via Rook Island
Via Louisville
Via Cincinnati

816
2.176

749
561

Total gross overland...........

Deduct thipmenU—
Overland to N. Y., Boston,

853,259
226,649
11,686
12,810
210,11*
136.075
317,069

8,719

285
5",328

2,0i7

939,702
406,657
20.142
42,967
204,334
179,730
216,575

9,597 1,767,666 11,429 2,010,107

Ac.

847,385
76,097
96,286

1,907

249
570

398
293

551,575
50,615
101,764

7,562

519,768

2,598

703,954

6,743

s

American—

~ito©Mentow

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m
;

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.

Liverpool stock
Continental stocks

;

-1
:

!

;

WO

M!

Oft

1897.
Stock at Liverpool
721,000
bales. 318,000
Stock at London
6,000
9,000
TotalJJreat Britain stock. 327,000
727,000
Stock at Hamburg
23,000
23,000
Stock at Bremen
120,000
136,000 2&0.000
Stock at Amsterdam
2,000
1,000
3.000
Stock at Rotterdam
200
300
200
300
Stock at Antwerp
11,000
4,000
6,000
3,000
Stook at Havre
139,000
119,000 192,000 185,000
Stock at Marseilles
5,000
3,000
4,000
6,000
Stook at Barcelona
7o,ooe
64,000
76,000
95,000
Stook at Genoa
35,000
55,000
39,000
29,000
Stook at Trieste
19,000
19,000
7,000
88,000
Total Continental stocks
397,200 065.300 557,300 424,200
Total European stocks
724,200 1,767,300 1,509,300 1,151,200
India cotton afloat for Europe
38,000
28.000
31,000
74,000
Amer. ootton afloat for E'rope.
35,000
62,000
83,000 106,000
f
Egypt, Brazil.&c. , ant f or E pe
15,000
18,000
12,000
15,000
Stock in United States ports.. 145,638 400,464 263,379 106,638
Stock In U. B. Interior towns..
28,743
121,674
53,40 ? 237,436
United States exports to-day..
2,006
5.109
2,476
8,725
Total visible supply
1,048,722 2,565,925 2,053,462 1,376,587
Of the above, totals of American and other descriptions are as follows:
1899.
1,097,000
5,000
1.102,000
32,000

;

«j:

waoto©
MMWCn^ien.

MCO; 00
towo"; "co©;
«; www; ©>«>•;
— WOl.
M.

03

*-co

cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (July 27), we add the item of exports from
the United States, including in it the exports of Friday only,
1900.

;

;

m<ik*

to to.

00
CO

00

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oooo

©
en
©

!
•

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to
en

oo*

00

oooo

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s

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V
The Visible ssupply op Cotton to-nignt, as made up by
o

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1

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ooo

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.

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35

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•

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to to

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tots

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00

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0000

00 00

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to
00

00

1

coco

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0000

0000

coco

13

.

ESg:

3

193

At the Interior Towns the movement—that is the receipte

of

Futures at

CO

m

;

'

Total to be deducted..........

Leaving total net overlan d* .
2,035 1,247,898
Inoludlng movement by rail to Canada.

8,831 1,306,153

The foregoing shows that the week's net overland movement
year has been 2,035 bales, against 8,831 bales for the
and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 58,255 bales.

this

tveek in 1899,

1898-1899.

1899-1900.

In Sight and Spinnert'
Takingt.

Week.

Receipts at ports to July 27
Set overland to July 27
Southern consumption to July 27
*

North'n spinners tak'jys to July 27
* Decrease during week.

1.

Week.

Since
Sept. 1.

27,954 6,515.809
7,372 8,331,825
2,035 1,247,898
8,831 1.306,153
32,000 1,429,000 26,000 1,232,000

Total marketed

Came into sight during week.
Total In sight July 27

Since
Sept.

61,989 9.192,707 42,203 10919978
10,845 tl89,775 11,374 133.317
30,829

51,144
9,002,932

11053295

3,654 2.198.982

8.935 2.216.788

Less than Sept. 1.
In 1898 the week's movement into sight was 23,330 bales;
in 1897 reached 9,190 bales; in 1896 was 14,093 bales, and
in 1895 was 7,296 bales.
The totals since Sept. 1 in the same
years were 10,931,031 bales in 1897-98; 8,354,706 bales in 1896-7;
6,959,393 bales in 1895-96 and 9,723,447 bales in 1894-95.
t

'

.

THE CHRONICLE.

194

Quotations fob Middling Cotton at Otheb Markets. Below are closing quotations of middling cotton at Soatheri
and other principal cotton markets for each day of the week.
GLOBING QUOTATIONS FOB MIDDLIHG OOTTOM

Week ending
July 27.

Mon.

Satur.

Galveston...

New Orleans

9^

913
103, e

Charleston..

9%
958

Wednet.
9ifl

10 k

9\
9%

988

95j

9°g

Wilmington.
Norfolk

9^

lOH

103ie

9%
9%

Mobile
Savannah...

Tuet.

9*

984
9<sg

Thurt.

ON—
Fri.

93s

93s
10>4
934
934
91*

10H
95t
984
9>fl

10
10
10

10
10
10

10
10
10

10

10

10

10i«

105 J6

IOIjb

10

10

10

1014

IOI4

9\
9%
9%

103a

105 16

I05i 6

..

9%
9%
9\
9ifl
9*

1038
934
934
934

9*
9^

9ia
9*2

Louisville...

9 78

Baltimore

.

Philadelphia
Augusta.....

Memphis
St. Louis....

Cincinnati

9>s
9**
9*8

9%
9%
9\
9 78

9 8

The closing quotations to-day (Friday)

9%

934

9%

934
9S4

934
9>s

9 1!!

9ifl
9ifl

9 78

9 78

at other

important

Southern markets were as follows.
Athens

9 is

I

Columbus,Mlss
Eufaula

9%
9H

Nashville

9«b

10
938
Ealeigh
9»a
Columbus. Ga. 9*4
Montgomery. Nom'l Shreveport.... 9%
Weather Reports by Telegraph. Our telegraphic ad
9

Atlanta
Charlotte

Little Rook....
.

I

Natchez

.

—

vices

from the South

this

evening are generally of a satisfac-

tory character. Beneficial rains are reported in many districts along the Atlantic as well as in other sections where
moisture was claimed to be needed, and elsewhere the indications are that the weather has been as a rule quite favorable.
On the whole, therefore, cotton would seem to have made
further improvement during the week. Our Helena correspondent reports the plant to be steadily improving; from
Nashville we are advised that it is improving daily, Memphis
states that it shows general improvement, and Texas advices
denote that conditions have been about as desired.
Galveston, Texas.— First new bale was received on the 21st
from Bee County. We have had showers on three days of the
week, the precipitation reaching twelve hundredths of an
inch. Average thermometer 83, highest 87 and lowest 78.
Abilene, Texas. We have had rain on two days daring the
week, tbe precipitation being forty-five hundredths of an
inch. The thermometer has averaged 79, the highest being
92 and the lowest 66,
Brenham, Texas.
have had rain on three days of the
past week, the precipitation reaching ninety-six hundredths
of an inch. The thermometer has averaged 82, ranging from

—

—We

72 to 92.

—

— We

have had showers on two days of the
Cuero, Texas.
week, the rainfall reaching twelve hundredths of an inch.
Average thermometer 84, highest 96, lowest 72.
Dallas, Texas. Rain has fallen on two days of the week,
to the extent of sixty-five hundredths of au inch. The thermometer has averaged 78, the highest being 96 and the lowest

—

60.

We

Henrietta, Texas.—
have had rain on three days during
the week, the precipitation reaching one inch and fifty-four

hundredths.

from 64 to

The thermometer has averaged

97.

81,

ranging

—There

has been rain on one day of tha
week, to the extent of nineteen hundredths of an inch. The
thermometer has ranged from 72 to 94, averaging 83.
Longview, Texas— We have had rain on one day of the
past week, the rainfall reaching forty-six hundredths of an
inch. Maximum temperature 100, minimum 71 and average 82.
Paris, Texas.-^We have had showers on two days of the
past week, to the extent of eleven hundredths of an inch.
The thermometer has averaged 84, the highest being 97 and
the lowest 70.
San Antonio, Texas.— There has been rain on one day during the week, the rainfall reaching twentv hundredths of an
inch. The thermometer has averaged 84, ranging from 72
Huntsville, Texas.

Temple, Texas.—-There has been rain on one day of the
week, to the extent of eight hundredths of an inch. The
thermometer has ranged from 65 to 95, averaging 80.

We

Orleans, Louisiana.—
have had rain on six days of
the past week, the rainfall reaching eighteen hundredths of
an inch. Average thermometer 82.
Bhreveport, Louisiana.
have had rain on four days
during the week, the precipitation reaching three inches and
thirty-nine hundredths. The thermometer has averaged 81,
the highest being 93 and the lowest 70.
Vicksburg, Mississippi.—The week's rainfall has been one
inch and sixty-one hundredths, on four days. The thermometer has averaged 80, ranging from 70 to 89.
Helena, Arkansas.—The cotton crop is steadily improving.
have had rain on three days during the week, the precipitation reaching eighty- four hundredths of an inch. The
thermometer has ranged from 71 to 93, averaging 86.
have had rain on five days of
Little Rock, Arkansas.
the week, the rainfall being eighty-five hundredths of an
inch. The thermometer has averaged 80, ranging from 70 to

— We

We

— We

90.

—

We

—

—

We

—

Montgomery, Alabama. We have had beneficial showers
on three days during the week, to the extent of fourteen
hundredths of an inch. Crops show further improvement.
The thermometer has ranged from 69 to 94, averaging 81.
Madison, Florida. We have had rain on each day of the
week, the precipitation reaching one inch and ten hun-

—

dredths. The cotton plant is small and in some places not
very well fruited. Tne thermometer has averaged 85, the
highest being 96 and the lowest 72.
have had rain on three days durSavannah, Georgia,
ing the week, the precipitation reaching four hundredths of
an inch. Thermometer has averaged 82, ranging from 72 to 94.
Augusta, Georgia. -Some localities have recently needed
moisture, but there was general and beneficial rain last
night.
have had rain here on two days of the week.
The thermometer has ranged from 70 to 95, averaging 82.
Charleston, South Carolina. Tnere has been no rain the
past week. Average thermometer 84, highest 94, lowest 76.
have had rain on two
Greenwood, South Carolina.
days during the week, the precipitation reaching sixty-five
hundredths of an inch. The thermometer has averaged 84,
ranging from 70 to 99.
have had refreshing rain
Stateburg, South Carolina.
on two days of the week, the precipitation being one inch.
The thermometer has averaged 84, the highest being 101 and
the lowest 69.
Norfolk, Virginia.— Refreshing rains have fallen during
the latter part of the week.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o'clock July 26, 1900, and July 27, 1899,

— We

We

—
—We

—We

July 26,

'00.

July 27, '99.
Feet.

Feet.

6-3

Nashville

Shreveport
Vloksburg

India Cotton

62

70
49
8-1

12-6
6-4
12-2

140

Above zero 01 gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gat ge.
Above zero of gau ^e.

Memphis

210

Movement prom all Ports.—The

reoeipts

of cotton at Bombay and the shipments from all India ports
for the week ending July 26, and for the season from Sept. 1
to July 26 for three years have been as follows:

1899 1900.
Receipts at—

Bombay

1898-99.

Since

Week.

Week.

Sept. 1.

901,000

2,000

Since
Sept. 1.

10.000 2.01S.000

For the Week.

1897-98.

Week.

Sine*
Sept. 1.

6,000 1,775,000

Since September

1.

exports

from—

Great

Great
Britain.

Britain.

Continent.

1,000

2,000
2,000
5,000

2,000
2 000
6,000

5.000
15,000
14,000

97,000
522,000
435,000

102,000
537.000
449,000

1899-'00..

1,000

1,000

1898-99..
1897-98..

1,000

1,000

2,000
2,000
4,000

27,000
29,000
27,000

29,000
31,000
31,000

4,000
2,000
2,000

10,000
17,000
4,000

14,000
19,000
6,000

Total.

Continent.

Total.

Bombay—
1899-'O0..

1898-99

.

1897-98..

Calcutta—

Madras—
1899-'00..

1898-99..
1897-98..
Ill

to 96.

New

—

Memphis, Tennessee. The weather has been very favorable and the crop shows general improvement, although late.
Rain has fallen on three days of the week, to the extent of
one inch and seventy hundredths. Average thermometer
SO'S, highest 91, lowest 69-2.
Nashville, Tennessee. The condition of the crop is improving daily.
have had rain during the week, the precipitation reaching one inch and sixty-one hundredths.
The
thermometer has averaged 79, the highest being 91 and the
lowest 67.
Mobile, Alabama. It has rained on three days of the week,
the precipitation reaching sixty hundredths ot an inch. The
thermometer has averaged 80, ranging from 72 to 88.
Selma, Alabama. The crop continues to improve, recent
have had rain on
rains having been quite beneficial.
two days of the week, the precipitation reaching seventy- five
hundredths of an inch. Average thermometer 86, highest
95 and lowest 76.

Mew Orleans

Corpus Christi, Texas. There has been no rain the past
week. The thermometer has ranged from 76 to 88, averaging
82.

[Vol. LXXI.

others—
1,000
3.000
4,000

1899-'00..

1898-99..
1897-98..

1.000
3,000
4,000

4,000
7,000
13,000

72.000
110,000
119,000

76.000
117,000
132,000

4,000
5,000
10,000

4,000
5,000
11,000

15,000
26,000
33,000

206.000
678.000
5^5,000

221,000
704,000
618.000

Total all—

1899'00..
1898-99..
1897-98..

i'.boo

—

Egyptian Crop. The report of the Alexandria ^General
Produce Association for the month of June is as follows
It is -with pleasure we report that June, which is one of the two most
dillimlt months of the year, has passed without too many 00m plaints
having been made as regards irrigation. This Is thanks to the efforts
of the Irrigation Department, which has managed in such a way as to
:

provide a just distribution of water everywhere. In the southern pari
of Lower Exypt the state of the cotton plant is normal, but in many or
the northern districts they are not as forward as usual. It is also
noted that in many localities the flowering is not as good as It might
be. Worms, more or less numerous, appeared in many places. The
heat, coupled with the efforts of oulttvators, destroyed them quickly
without any damage being done. Information from Upper Eirypt ana
the Fayoum is very favorable, both respecting Irrigation and the development of the cotton plant. The general situation has therefore
improved sinoe our last resuni6, as regards the fears that we had for
June, but it must not be forgotten that July is the most critical month
as far as concerns irrigation.

:

July

.

THE CHRONICLE

lyoo.]

28

—
195

Concluded)—
Alexandria Receipts and Shipments op Cotton. - New York— (
To Christiana, per steamer Hekla, 200
Through arrangements we made with Messrs. Davis,
To Genoa, per steamer Ems, 169
To Trieste, per steamer Peconlo, 100
Benachi & Co., of Liverpool and Alexandria, we now
To Venice, per steamer Peconlo 212.
receive a weekly oable of the movements of cotton at new Orleans—To Liverpool— J uly 26— Steamer
following are the receipts and
Alexandria, Egypt. The
3,10.0
To Rotterdam— July 23 -Steamer Elsie, 94
shipments for the past week and for the corresponding
To Antwerp— July 24— Steamer Dania. 400
week of the previous two years.
Copenhagen— July 27—Steamer Beira, 400
1899-1900.

1898-1899.

6,434,000

1,000
5,581,000

1897-1898.

Receipts (can tar a*)...

This
week.

I

Since
Sept. 1.

6,514,000
This
week.

Since

This
week.

Sept. 1.

Since
Sept. 1.

3.000 398,000
3,000 408,000

6,000 330,000
3,000 369,000

2.000 342,000
3,000 453,000

6,000 806,000

Total Europe

9,000 699,000

Aoantaris98 pounds.
In 1898-99,
t Of whloh to America In 1899-1900, 70,048 balea;

50.319 bales; In 1897-98, 52.283 bales.

Manchester Market.— Oar

report received by cable
to-night from Manchester states that the market is flat foi
yarns and dull but steady for shirtings. The demand for
both India and China continues poor. We give the prices
for to-day below and leave those for previous weeks of this

year for comparison.

Uplds

to finest.

d.

s.

d.

Oott'n

common Mid. 32s
s.

d.

J'e 22
«813l6 5 3 97 10>s
" 29 3
98 78 6 4k97 10k
July 6 8k »8 78 5 4>«97 10
" 13 83i«»316 J6 5 4k97 9
" 20 8)4 ®9
5 4k97 9
" 27 8k 99
5 4 97 8

d.

Twist.

d.

5 3 ie 5 7s

—

-—

.

568

5«M
529.^o

527 32

d.

s.

d.

Upldt

s.

d.

4 3k«7 2
5l3 ]a -6H]£ 4 3is®7
5 18 ia-6l 1 ie 4 3ift1>7 Ik
5i3 16 -6li 1( 4 31497 Ik
513,0-811,0 4 3k97 Ik
5l3 16-6H le 4 3k97 Ik

m

.

670
7,901

71

158

—.... ....-~ ..—...Hi

46
1,872

24.817
in

;

The particulars of the foregoing shipments, arranged
our usual form, are as follows.

French 6er- -—Oth.FPrope—. Mexico,
Ac. Japan. Total.
ports, many. North. South.
3.378
350
471
9,731
5,532
894
3.994
3,100
670
670
374
......
......
......
374 ......
......
......

(treat

Brit'n.

Hew York.
N. Orleans.
Galveston
Oor. C. &0.
N'p't

News

158
7,901

Boston

......

46

Baltimore.

......

......

......

7,972
1.918

445

24,817

1,872

5,920

16.737

Total

......

......

71
471

1,244

New York

the past

week have been

Satur.

d.

3113J
3&i«
3113

3 b ifl
33a

Liverpool

Mon.

Tuts.

25
30

25
30

25
30

25
SO

25
30

32k

32k

32k

32k

32k

32k

30
33
33
40

common Mid.

to finest.

96%

Cross,

doah, 158;

8 k lbs. Shirt- Oott'n

Oop. ings,

94
400
400

as follows.

1899.

lbs. Shirt-

32* Oop. ings,
d.
7 78

3.100

Baltimore—To Liverpool— July 20— Steamer Vedamore, 46...
To Bremen—July 21—Steamer Helgoland, 1,872

Cotton freights at

1900.

Twist.

Yucatan,

Boston—To Liverpool—July 20— Steamers Kansas, 194; SylJuly 24— Steamer Irishman, 7,435
vania, 272
To Yarmouth— July 23— Steamer Yarmouth, 71
Newport News—To Liverpool— July 21—Steamer Shenan-

5,000 795,000

*

8k

159
100
212

670.

Total.

Exports (bales)—

last

200

To
GALvasTON— To Hamburg— July 24—Steamer Golden

Alexandria, Egypt,
July 25.

and

Total bales.

30
33
33
40

30
33
33
40

30
33
33
40

30
33
33
40

30
38
83
40

c.

c.
Havre, asked
Bremen, Ag.-Sep.c.

Hamburg
Amsterdam

c.
c.

e.
Rotterdam
Reval, v.Br-Hame.

Wedncs. Thurs.

Fri.

25~
30

338
5%
Do v. Hull...*,
Government Weekly Cotton Report.— Mr. James Berry,
40
40
40
40
40
40
Do v. St. Pet.«,
Chief of the Climate and Crop Division of the U. S. Weather
31®35 31®35 31935 31935 31935 31a>35
Genoa
c.
Bureau, made public on Tuesday the following telegraphic Trieste, asked... c,
40
40
40
40
40
40
30
30
reports on the crop in the Southern States for the week end- Antwerp
30
30
30
30
Ghent, v.Antw'p.e
36 k
36k
36k
36k
86k
86k
ing July 23:
Quotations are cent* per 100 lbs. or fractions of a penny per lb.
North Carolina.— Intense heat, glaring sunshine and drought seriously injured orops; cotton, which has withstood drought well, is now
Liverpool. By oable from Liverpool we have the folio* s
c,

shedding leaves and forms; showers Sunday extremely beneficial, but

more rain required.
South Carolina.—Too hot and dry for

it

is

shedding and

turning yellow; fields are generally clean and it is fruiting normally,
but crop is spotted and average conditions remain poor.
Georgia.—Weather dry and warm, except few scattered showers;
all orops needing rain; cotton improved in most sections; a lew complaints of rust and shedding.
Florida.— Rains beneficial in southern and damaging in portions
western and northern districts; some central counties need rain; cotton fruiting slowly; bottom crop poor, damaged by rust.
Alabama.—Temperature favorable; rainfall beneficial, though
slightly exoessive in a few localities; [much grass killed, but three
weeks more of such work necessary; cotton improved; ootton small,
fruiting slowly, none open, about three weeks late.
Mississippi.— Frequent showers, beneficial in northern and delta
counties; cotton improved, exoept in localities in southern half of
State; is cleaner, fruiting better, and some laid by; little shedding.
Louisiana.— Warm, showery and sultry week; field work greatly
retarded; weeds are multiplying; ootton more grassy, fruiting poorly
and shedding in places.
Texas Showers in some localities every day of week, with heavy
rains in northwest portion; ootton growing rapidly; fruiting irregu;
larly, exoellent in plaoes, poor in others; some damage by insects
showery weather causing shedding of bolls and forms; early cotton
maturing.
Arkansas. -Good rains, fairly well distributed; on uplands cotton
taking on too much growth, in lowlands it is small and weedy; fruiting fairly well; generally the crop is good and promises large yields in

—

July
Sales of the

bales.
week
exporters took...
speculators took.

to ootton; cotton not previously ruined doing well.
Missouri.— Cotton fruiting well.
Oklahoma and Indian Territory.—Heavy rains relieved drought
and greatly benefited all growing orops; ootton forming bolls and in
good condition.

These reports on cotton are summarized by the Department
as follows
Generally there has been some further improvement in the condition of cotton, but the crop is suffering irom drought in the Carolinas
and from too much rain in portions of the central belt and in portions
of Texas. In the last-named State it has generally made rapid growth,
being excellent in places and poor in others. Shedding is reported
from the greater part of the cotton belt and rust from the eastern
districts.

&c—

that port

,

a previous page, the
exports of cotton from the United States the past week have
reaohed 24,817 bales. The shipments in detail, as made up
from mail and telegraphio returns, are as follows:
Total baits*
Liverpool, per steamers Cevio, 3,544; Phila(Jelphian. 1,791
5,335
To Hull, per steamer Hindoo, 197
197
To Bremen, per steamer Koenigen Luise, 2,942
2,942
To Hamburg, per steamer Briardale, 436
436

www York—To

To Antwerp, per steamer Southwark, 150

1B0

July 20.

July 27.

46,000
1,000

20,000
1,000

19,000
2,000

33",006

17,000
5,000
48,000
334,000
242,000
20,000
17,000
39,000
29,000

16,000
5,000
88,000
318,000
227,000
*27,000
15,000
46,000
40,000

3,000
59,000
368,000
267,000
25,000
14,000
Amount afloat
33,000
Of whioh Amerioan
24,000
* Including 3,987 bales American from Japan.)

The tone of the Liverpool market for spots and futures
each day of the week ending July 27 and the daily closing
prices of spot ootton,

Market,

Very

)

Quiet and

Small

Dnll and

Inquiry.

easier.

Qnlet.

Qnlet.

527 38

527 32

527 32

585 32

2,000

4,000

3,000

4,000

4,000

4,000

200

400

300

400

500

500

little

i:45 P. m.$

doing.

525 32

Sales
".pec.

have been as follows.

Monday. Tuesday. Wed'day. Thursd'y Friday.

Sat'day.

Spot.

&exp

firm.

5h

Futures.
Quiet at Steady at Steady at Steady at
3-64 ad4-04® 6-61 3-64 deadvance.
oline.
vance.

Market,

Market,
4 p. m.

Quiet at

Ouiet

2-64 decline.

at a
decline.

Steady.

Steady.

Quiet.

partially
1-64 dec.

1:45 p. m.
{

Steady.

Quiet.

Quiet.

\

Theprioes of futures at Liverpool for each day are given
Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
VW The prices are given in pence and 64tA«. Thus : 4 63 mean
4 63-644., and 5 01 means 5 1-644.
below,

Jute Butts, Bagging,
Bagging has been in only
light request during the week under review, at unchanged
prices, viz.: 7%c. for \% lbs. and 8c. for 2 lbs., standard
grades.
Car-load lots or standard brands are quoted at
8@83^c, f. o. b., according to quality. Jute butts continue
very dull and nominal at \%c. lor paper quality and 2%c. for
bagging quality, new crop.

News.— As snown on

July 13.

6.

69,000
1,200
2,500
54,000
2,000
64,000
40i,000
300,000
18,000
14,000
39,000
27,000

Of which
Of whioh
Sales American
Aotual export
Forwarded
Total stock— Estimated
Of whioh American— Est'd.
Total Import of the week
Of whioh Amerioan

Mid. Upl'ds,

localities.

Tennessee.— Only few scattered showers in east, but generally
sufficient rains in middle and west portions; showers very beneficial

Shipping

sales, stocks, &o.. at

crops, save cotton, whioh

improved slowly, except on sandy lands, where

many

—

ingstatement of the week's

Sat.
Mon. Tues. "Wed.
July 21. July 23. July 2 1. July 2 5.

Tlturs.
FrI.
July 2S. July 27.

12k

1 1:45 4 1:45 4 1:45 4 1:45 4 1:45 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
d.

July
July- Aug...
Aug.-Sept.
Sept. -Oct....
Oot.-Nov....
.

Nov.-Deo

d.

d.

...

Deo.- J an
Jan.-Feb
Feb.-Moh...
Moh. -April..

5 31
5

09

4 53
4 40
4

35

4 31
4 29

4 28
4 26

d.

N'm

d.

d.

d.

d.

d.

5 39 5 39 5 40 5 39 5 35 5
5 34 5*7 5 38 5 35 5 35 5 35 5 34 5 31 5
5 13 5 16 5 18 5 15 5 15 5 17 5 15 5 14 5
4 55 4 59 4 62 4 60 4 59 4 61 4 60 4 59 4
4 41 4 45 4 49 446 4 45 4 48 4 47 4 46 4
4 35 4 39 4 42 4 40 4 39 4 42 4 41 4 40 4
4 32 4 36 4 39 4 37 4 36 4 39 4 38 4 37 4
43 4 34 4 37 4 35 4 34 4 37 4 36 4 34 4
4 28 4 32 4 35 4 33 4 32 4 35 4 34 4 32 4

5 35 5 3? 5 41

d.

d.

d.

34 5 37 5 38

30 5 33 5 33
14 5 17 5 16

59 4 61 4 60
46 4 48 4 47
41 4 42 4 42
37 139 4 39
35 4 37 4 37
33 4 35 4 35
4 27 4 31 4 34 4 32 4 31 4 34 4 33 4 31 4 32 4 34 4 34
1

—
.

THE CHRONICLE.

196

BREADSTUFFS.
Friday, July

A sagging

27, 1900.

market has been experienced for wheat

flour.

Owing

to a continued downward tendency of values for
wheat, buyers of wheat flour have been extremely slow
in making purchases, they lacking confidence in the situa-

Although mills have offered supplies at some concessions in prices, they have not been disposed to force sales,
claiming that with the present cost of wheat they are unable
to sell, unless they take losses, on a lower basis of values.
tion.

The export business has continued quiet. Business in the
market for wheat flour has been quiet and prices have ruled
in buyers' favor. Corn meal has been dull and easy, in sympathy with an easier market for corn.
Speculation in wheat for future delivery has been on a
limited scale only, and the tendency of prices has been downward. The principal depressing factors have been weaker
foreign advices and an absence of a good general export demand, although during the latter part of the week there were
reports circulated to the effect that foreign shippers had made
large purchases at interior points of new crop winter wheat.
Mills also were reported large buyers. The movement of
the winter- wheat crop has continued large, which has been
an important bearish factor. At the close, however, advices
received from the interior predict a falling off in the
receipts, saying that the
recent heavy rains in the
Southwest have interfered with threshing. Advices from the
Northwest report no change in the situation of the springwheat crop, indications being of a short crop. On Wednesday advices were received from Paris giving reduced estimates of the yield of the French wheat crop. Business in
the local spot market has been quiet, and only a limited
amount of wheat has been reported sold at outports for export prices have declined with futures. To-day the market
was firmer on stronger foreign advices, unfavorable crop
;

news from the Northwest and an improving export demand.
The spot market was fairly active and firmer sales for ex;

port here and at outports were 300,000 bushels.
DAILY CLOSING PRICES OF NO. 2 BED WINTER IN
Bat.
Mon. Tuet.
Wed.
82"8
Cash wheat 1. o. b
85%
84
82%
81»8
July delivery In elev
82
81 7s
83%

NEW YORK.

Sept. delivery in elev....
Deo. delivery In elev

823s

83%

81U
82%

80%
81%

Thurt.

Fri.

82%
8l»s

84%
82%

80%
81%

82%

8038

81%

813s

DAILT CLOSING PRICES OF NO. 2 SPRING IN CHICAGO.
Mon.
Tuet.
Bat.
Wed. Thurt.
77
July delivery In elev
75%
74%
74%
74%
August delivery in elev.. 77%
75%
74%
74%
74%

[Vol. LX1I,

FLOUR.
Patent, winter.. ..$3 90 ®4 15
$2 50 ®2 55
2 60 ®2 75
City mills, patent.. 4 60 ®4 95
2 75 ®2 85
Ryeflour.superflne 3 00 ®3 75
-a ....
2 50 ®3 00
Buckwheat flour
Clears
2 90 ®3 50
Corn meal8tralghts
2 45 »2 50
Western, etc
3 65 ®3 90
Patent, spring. ... 4 00 94 85
Brandywine
2 55 ®2 60
(Wheat flour In sacks sells at prloos below those for barrels.)
Pine
Superfine
Extra, No. 2
Extra, No. 1

GRAIN,
Corn, per bush.—

Wheat, per busn.—
o.
o.
Hard Duluth, No.l 86 ®87%
N'thern Dul., No.l 84 ®85%
Red winter, No. 2. 82%'3>S4%
N'thern N.Y. No.l. 82 ®83%
Oats-Mlx'd.p.bush. 27 ®29

28%®33
27%928%
29 ®30%

White
No. 2 mixed.
No. 2 white

o.

No. 2

o.

43%«46
44 ®46
44% ®46%
45%347%

Western mixed.

mixed

Western yellow
Western white
Rye, per bushwestern

,

55
54
48
45

and Jersey
Barley— Western.
State

Feeding

®59%
059
953
-349

—

Government Weekly Grain Report. Mr. James Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the telegraphic reports on
the grain crops in the various States for the week ending
July 23 as follows :
Weather.— Rain is very generally needed in the Atlantic Coast disnorth of Florida, the drought being quite severe in the Carolina*,
portions of New England, while too much rain has
fallen over portions of the central valleys, Northern Texas, the Central Gulf States and Northern Florida. Very favorable temperature
conditions have prevailed during the week, except in the Middle Atlantic States, Upper Missouri Valley and over portions of Washington
and Oregon, where unusually high temperatures have been detritricts

New Jersey and

mental to crops.
Corn.— While the condition of corn in Kansas and Nebraska has im-

proved, the reports indicate that much of the early crop in portions of
these States has been seriousiy injured by drought. In the other great
corn States of the central valleys the or op has made rapid growth
under highly favorable conditions. Throughout the Atlantic Coast
districts corn is generally in need of rain.
Winter Wheat.— Rains have interfered with threshing and the completion of winter-wheat harvest where unfinished over the more
northerly seotions of the central valleys, but the conditions have been
highly favorable for harvesting in the Middle Atlantic States and on
the North Pacific Coast. In the central valleys and lake region harvesting and threshing have not only been delayed but rains have
caused injury to grain in shook in portions of these districts.
Spring Wheat.— Spring- wheat harvest is in general progress in
South Dakota and portions of Minnesota, and has begun in North Da*
kota. In South Dakota and Minnesota the crop has made advancement, although excessive rains and looal hail-storms have caused some
damage in Southeastern South Dakota. In North Dakota the high
temperatures have proved injurious, and in Oregon and Washington
the crop has suffered from hot winds.
Oats.— Oat harvest is nearing completion in the central valleys,
where the crop has suffered to some extent from rains.
Hay.— Haying has been interrupted and the orop damaged to some
extent by rains in the central valleys. In New York and New England haying is praotioaUy finished, the yield in New York being better
than expected.

Fri.
EXPORTS OP BREADSTUFFS, PROVISIONS, COTTON AND
75% Petroleum. The exports of these articles during the month
75%
Sept. delivery in elev.... 78%
76%
75%
75%
75%
76% of June, and the twelve months, for the past three
Indian corn futures have been moderately active, but the years have been as follows:
tendency of prices has continued downward. The principal
1899-1900.
1898-99.
1897-98.
feature of the market has been the continued favorable
Exports
from 0. 8.
weather in the corn belt for the growing crop, good rains
June.
12 Months,
June.
12 Months
June.
12 Months.
being experienced. Nevertheless, there has been some talk
Quantities.
heard to the effect that the dry weather recently experienced
Wheat.bush. 8,786,957 101,715,183 6,991,623 137.558.677 13,191,99? 146,623,260
did irreparable damage, but it received practically no serious Flour... bbls. 1,620,666 17,432,181 1,531,990 18,267,921 1.018,667 16.333,047

—

attention in the trade, prospects generally being considered
factor, however, that has
favorable for a large crop.
served to hold the decline in check to some extent has been
the comparatively light offerings from the interior, and
country acceptances also have been small. Foreign markets
have been easier. The spot market has been weaker, following the decline in futures. At the lower prices exporters
have continued large buyers; in fact, on Tuesday and
"Wednesday their purchases here and at outports amounted
to about 2,000,000 bushels. To-day the market was stronger
on light receipts and stronger foreign advices. The spot
market was moderately active; the sales for export here and
at outports were 425,000 bushels.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN
YORK.
Bat.
Mon. Tuet.
Wed. Thurs.
Fri.
Cash corn I. o. b
46%
46%
45%
45
44%
45%
45%
44%
July delivery in elev. .. 44%
43%
43%
44%

A

NEW

Sept. delivers

lii

elev

Dec. delivery in elev

44%
41%

44%

43%

42

41

DAILY CLOSING PRICES OF NO. 2 MIXED CORN
Mon.
Bat.
Tuet.
39%
July delivery in elev
39%
38%
38%
August delivery in elev.. 39%
39%

43%
40%

43%
40%

44%
41%

IN CHICAGO.
Wed. Thurt.
Fri
38
37%
38%

37%
37%
39%
39%
38%
37%
37%
38%
Oats for future delivery at the Western markets have been
quiet and prices have gradually sagged, following the decline in other grains and under improved crop accounts and
Locally there has been an
fairly heavy country acceptances.
easy market, prices declining for both white and mixed
Sept. deli very in elev....

39%

grades. Demand at the lower prices has been quiet, as the
home trade has been only a limited buyer, and the export
business has been quiet. To-day the market was steadier,
in sympathy with the advance in other grains.
DAILT CLOSING PRICES OF OATS IN
YORK.
Bat.
Mon. Tuet.
Wed. Thurt.
Fri.
28
28
27%
27%
No. 2 mixed in elev
27%
27%
29%
29%
29%
29%
29
Ho. 2 white in elev
29%
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Hat.
Mon. Tuet.
Wed. Thurt. Fri.
22%
22%
22%
22
July delivery In elev .... 23%
22%
2a
22%
22%
22%
August delivery In elev.. 23%
22%
23
28%
23%
22%
Sept. delivery In elev.... 23%
22%
Rye has been dull and easier. Barley has been practically
neglected, but prices have been fairly well maintained.
Following are the closing quotations:

NEW

Wheat.... bu. 16,079,169 180.160,011 13.888,678 219,819,335 17.775.993)215 ,171,961
Oorn...bush. 11,864,692 207.981,179 15.917,060 172,687,172 16,922,1731 M6 667,282

Tot.bnsh.
Values.

30,431,851 388,141.190

8

$

Wh't& flour.
Jorn & meal.

18,436,453 139,602.034

29,805,63; 392,608,807

34,698,163 421,739,248

$
$
$
I
10,890,830 175.180.651 19,663, 391(212,891,689
6,576,520 70,192,906
6,658,955 75.260,067

218,415

Rye
Oati & meal
Barley

86,645,198
1,112.026

827,198

6,921.076

712.171

1,418,011

14.081.939

1,838,776

11,035.78?

2.021,97*

506,782

11.202,328

147,488

1,371,783

50,923

6.591,256

21,194,917 253,823,626

Br'dstuffs

8.796,820
22.83 »,762
5.118.772

19.781,057 263,655,106 29,102 922 «4,706.060

Provisions*. 19,182.489 196.057.278 17,700,981 191,223,857 15,651,269|19 ,001,018
6,749,877 241.669.186
Cotton
8,338.689 209,612,844
7,626,29 229,940,477
Petrol'm.Ac
5,739,942 74,401,836
4,972,288 65,171,001
5,181,991 65.817,269

Tot value.

52.866,665 786,851.798 51,302.731 719,809,076 67.252,7741801,818.681

Including cattle and hogs In all months and years.
Hotb.—All the above figures are based on the monthly preliminary
retnrnsissued by the Bureau of Statistics, and cover about 98 per cent
of thetotal exports.
*

The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending July 21,
and since Aug. 1, for each of the last three years have been:
utrttt*

at—

Flour.

Wheat.

Bbit.ioeibi Bush.Wlbt

Milwaukee..
llnneapolli.

118.306
87.900
126.600
4.120

664,860
128,100
147,606
937,890

Corn.

Oats.

Bush.mbi Bush.Silbs Bush.iSm
2.570.300

1,081.700

145,860
96,907
128,160
495,269

180,000

104,827

Louis

....

175.766
119.900
149,200

281,714
28.699

12.173
23,890

1.284,611

10,400

282,887
224,110
166,600

1,467.000

221,000

16,660

402.619

4,804,«20

1,123,489

wk.'99.

376,685

6,005,168

4,996,028

2.016,615
2,702,268

tamewk.W.

181.883

2,696,991

2,313,191

1,935.878

Tot.wk.1900

lines

Aut.

38,975
11,200
2,188

11.640

6,720

7,500

7.800

1,500

7.047

4,6011

6.600

102,910

74.684

161.384
28.468

69.680
87.479

61,000

Santas City.

tame

fl«.6fllft.-

31.000

202,500
74,600

10,920

Cleveland...

41,225
36.7*0

lif.

954

7.500

16,810

it.

Barlsy.

1.

1899-1900....
1898-1899....
1897-1898....

20.8C4.7C0 216,061,291 223.298.468 168.184,796
16,176.336 281.865.871 221.098,128 178.130.680
11,440.872 3 '2,267.1101 83S.937.82'i 179,581.010

41.218.091 0.069,188
26.603,530 10,683,867
85.6*4 Wt6 10.706 IS*

:

.

July

THE CHRONICLE.

28, 1900.]

The receipts of flour and grain at the seaboard ports
le week ended Jnly 21 1900, follow
Barl»y
Wheat,
bush

Four,

at—

Receipts

ewYork

bbls.

bush

139,700

21,450

9«3.8U

73 400

"8.485

60,389

509,241
802.235

1,246.050

317.330
9 \4fl0

lMW

:ontreal

670,825

281,704

lohmond

•w Orleant*
•wportNewi

600

1.638,469
3,869.109

3,908.696
5.137.164

1.486,011
1,666,803

B .54°
70.477

altlmore

e«8,«n
14.810
60,000

alyeston

Total week
reek 1899...

348,786
368.233

6<>,8*fl

198,000
184,285

receipts do not include drain patting through
jrti

on through

bills of

from Jan.

bBll

88,091
36,239

Maw Orleans for toielpv

compare

1897

2,846,612
3.7«4,585

orn ...

..

at*...

,.

laxley.
lye....

,.

»

.,

"

215.414.848

103.611,040
40.933,691
7.804.435
1,621,748

"

202,476,060

251.122.820

45.56-M36

as

but buyers have not given them much attention. The American Woolen Company will open its full lines on Monday,
and for this the majority of buyers are evidently waiting.
The price situation meanwhile remains indefinite, but the
opinion gains ground that, when settled, prices will show but
slight improvement over last soring. J The reorders for heavyweights are moderate and readily met at irregular prices.
In cotton- mixed goods business is moderate. Dress goods
are quiet and in some lines 10 per cent lower. Overcoatings
are in light request and easy to buy. Cloakings inactive and
Flannels and blankets dull and unchanged.
irregular.
Domestic Cotton Goods. The exports of cotton goods
from this port for the week ending July 23 were 8,233
packages, valued at f 358, 956, their destination being to the
points specified in the tables below :

—

9.057,237

67,603.437
124.363.440
67,421,160
2,943.442
8,791,151

60,534.180
102,740,(^6

..bush. 49.104,146

Total grain....

148,185
163,071

1898.
10,386,221

11,866,032

fheat.

M

1,538

to July 21,

1

1899

1900.
11.682,962

R*C*ipU0f—

••

'"t7n'o't

ladlne

Total receipts at ports
allows for four years:
lour

715

196,384
83.318
11.074
95,746
130.000
8.500

68,015
59,187
1.706

hlladelphla

Jttf,

bush.

740,600
203.090

bush.

".50,775
02.4' 9

104.uo*
32,0«6

Ofton

Oati,
bush.

Corn,

for

197

25.599,148

1900.

New York

to July

Week. Since Jan.

Week.

Since Jan.

1,301
1,179
138,446
8,304
21,605
2,504
15,500
1,938
6,877
25,650
5,208

6
11
5.579
113
2,704
1,129

1,306

307

275
114
231
599
243

159,438
1,646
28,934
9,343
18,260
2,649
6,524
27,882
5,180

8,233

104 048,2'IH
42.372,338

228,512

11,004

261,775

27

6.763,0*7
4,913.387

2
6,409

183,691,106

The exports from the several seaboard ports for the week
nding July 21, 1900, are shown in the annexed statement:
Corn,

[•WYork
OSton
hUadelphla..
altlmore
few Orleans..

lewp'rtNewi
[ontreal

Flour,

bush.

Wheat.
Exports from- bush.

bblt.

192 604 1,427.800
340,603
153,713
665.883
16. 89
634.708
J2H.069
346,563
90,300
184,286
364,143
836,420

Total week.. 918.735 8.953.975
sjne time '99.. 1.603,988 3.841,384

66.835
62.664
16,891
86,801
27.771
70.477
6.607

Oats.
bush.
91,104
22.865
38,000
80,000
170.137
130,000
118,951

636.050
337,449
274,668 1,202,284

20,570

8«pt. 1 to—
felted Kingdom

ontlnent.
. & C. America.
7est Indies
Ir.N.Am. Colo's

July 21.
bbls.

247,509
23,v33
31.826
31.756
2,935

ither countries

Total
•otal 1898-99....

Sine* Sett.
9,246,036
2,118,341

837.449 14,095.016
274.668 10,711.005

1,034

Total
60,478

56,761

63,915
148,398

77.831
48.506

151,990
308.209

week and
>

Sine* Sept.

21. 1, 1899.
bush.
bush.
860.922 48.441.161
66.613 29,841,062
2,200
19,618
800

501,606

since

Corn.

i

Week Sine*
July

21.

bush.
1.79M.711
2,094,510
22,630
31.293
4,950

882

S*pi,

1, 1899.

bush.
79,479,317
91,702,630
291,045
1,024.522

480,921
1,767,776

918,735 78.808,691 3.953,975 174,746,210
1,603,988 117,839,401 3.811,88* 168,281,771

The visible supply of grain, comprising the stocks in
xanary at the principal points of accumulation at lake and
eaboard ports, July 21, 1900, was as follows:
Corn,

Wheat,

In store at—
r«w York

Do

bush,
1,446,000

afloat

1,036,000

751,000

652,000
9.000
508.000

6,000

27.00
32.0(0

"i'.oob

100,01, C

525,66b

iss'obb

"5',00'6

190.000

108,000

" 8,000

"s'.bb'o

Importations and Warehouse Withdrawal' of Dry Gooda

10,566,000

4,254.000

1,888,000

320,000

417,000
48.000

105.00*0

1,964,000

Juflalo

—A

533,000

afloat.

Foledo

301,000
afloat

Detroit

afloat

Thloago

,"*
3

to

976.000

Do
afloat
rtWUl'm* Ft. Arthur
Onluth
afloat

,

afloat

10.638.6bo
1,282,000

244*660

372,000

197,000

1,0(0

26,00*6

'77.606
169,000

800,000
1,000

19,000
2,000

•

'

O)

.

.

S

45.001

9

o

11.000

:
•

•

©

«:

10.000

V*

1,366.606
9,000
232,000
!

1,015.000
42.000

166.606
32,000
78,000

"7,066

7,000

67.000
23,000

2,000

2,170.000
1,230,000

146,666
400,000

86,0*0*6

....

week— that

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in bleached cottons—

where reductions in quotations of leading makes have met
che expectations of buyers.
These reductions do not show
iny new weakness in the situation, as while other cotton
?oods have been undergoing a readjustment process for
»ome time past no change was until this week made in
oleached. The general demand for cotton goods outside of
aleached, which have been in fair request, has continued
moderate and the tone of the market easy for goods in stocfr.
Reports from out-of-town centers show that there is a good
general distribution in progress, but at the same time the
stocks held by jobbers and retailers are said to be more
liberal than usual at this time of the year.
In the woolen?oods division the conditions are unchanged, but next week
a likely to see a general opening
of new lines for spring, and
msiness of importance.
Woolen Goods.— A few new lines of low-grade woolens
or men's wear for next spring have been opened this week,

•

111

isgc?*^

M

July 21, 1900* 45.631.000
514 000
13,526.000
6.428 000
696 000
July 14, 1900* 46 081.000
686 000
13,608 000
7,144 000
667.000
July 22, 189P+ 85 981 000
82» 000
13,370.000
4,697 000
611,000
July 23, 1898+ 9,382,000
345 01
18,679 000
4.272 000
481,000
July 24, 1897+ 16.031.000
954,000
16,179 000
6.661.000
1,771,000
• Includes stocks In private elevators at Milwaukee.
+ Kxciusive oi Hew Orleans, ualveston, ex. William and Port Arthur, but
noludine Albany, Oswego and Cincinnati, now omitted. Stocks in private
elevators at Milwaukee are also excluded in theee years.
>iote.— Beginning July 1, 1899, the New York Produce Exchange has change*
ta Visible Supply Statement by including stocks at New Orleans, Galveston,
ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly included.

Total
Totai
Total
Total
Tnta'

>ne department this

S

OWMen*.
CXWMOCn

en to

Yoek, Friday. P. M., July 27, 1900.
The market has shown no change of any moment except in

:

si
og
B&

1

QD

o"to

10,001

New

:

©w

60.000

THE DRY GOODS TRADE.

III
Iff

•

I
I

e;

no3

'•

III
I

Peoria
Indianapolis

•

i

,

Kansas City

On Mississippi Rirer
On Lakes
On canal and river.

466'66o

,

Minneapolis

Louis

1,463,000
9,880,000

s

I

sr*i33

©:

afloat

Milwaukee

Do

Barlev,
bush.
219.001

itv*,

2,**:2,000

Porontc

Do

bush.
141,000

The value of the New York exports for the year to date has
been $9,728,485 in 1900, against |9,303,666 In 1899.
Heavy brown sheetings and drills have sold slowly on
home account with little doing for export, and the market is
dull and occasionally %c. lower. Fine brown sheetings slow
and unchanged. Grey goods firm, with a moderate demand.
In bleached cottons an increased business has been done, following new prices on leading tickets, Fruit of the Loom
being reduced to 7c. net, Lonsdale and allied tickets being
reduced M@J^c. per yard. At the close the market for
bleached wears a firm appearance. Wide sheetings are dull
and tending in favor of buyers. Cotton flannels and blankets
slow and unchanged. Danims inactive and irregular. Other
coarse, colored cottons easy to buy but only limited orders
coming forward. Kid- finished cambrics inactive and easy.
No improvement in the demand for fancy calicoes can be
notdd and sales are small. Staples are in moderate request.
No change in prices. Ginghams are steady with average
Regular print cloths continue neglected, but odd
sales.
goods are in moderate demand and firm in tone.
limited number of orders reForeign Dry Goods.
ported for fine grade dress goods, and market barely steady.
Silks are in quiet request at previous prices. Ribbons unchanged. Lmens dull and in favor of buyers.
Burlaps
quiet but tone firm.

lalveston
lontreal

3t

613

26,000

lew Orleans

Do

1,461,000

682,000

laltlmore

Do

450,000
473.000

1.

sis'ooo
321,000
413,000

hUadelphla

Do

Oat*,
bush.
786,000

.

690,000
143.000

loeton

Do

bush.
182,000

1.

10,989

July

1. 1899.
bbls.

990,166
1,282.176
178,016
881.291

Week

139,991

Other Countries

,

Wf.ek

391
SO
33

Barlsy
bush.

8,437

The destination of these exports for the
ieptember 1, 1899, is as below:
r—
Whtat.
Flour.Exports for
week and tint*

Peas,
bush.

Rv«.
bush.

1899.

23.

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to

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enaxwen
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OOifXS
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cg-S

Mft.

00*

©3
©"O

——

—

— ————
—

—

—

THE CHRONICLE.

198

rvoL.

lxxi

&

W. J. Hayes
Sons, Cleveland, and
Co., Cincinnati, both offered a small
premium for bonds running thirty years straight. For description of these bonds see Chronicle July 7, p. 46.
Anacorles, Wash.— Bonds Voted. At the election held
Items.
July 17 only one vote was cast against the proposition to
Iola, Kan.—Bonds Invalid.— It has been found that the issue $20,C00 bonds for the purchase of the plant of the Ana$80,000 water and electric-light bonds sold on July 2 to cortes Water Co. and making repairs and extensions thereto.
Arnprior, Ont.— Debenture Offering.— Proposals will be reWilliam and Josiah Lanyon are invalid, as the petition to
It ceived until 8 p. M., Aug. 2, 1900, by G-eo. E. Neilson, Town
call the election did not have enough signatures thereto.
is stated that a new election will be called at once and the Clerk, lor $50,000 4$ water and $25,000 4% sewer debentures.
bonds again voted upon, after which they will be taken by Securities are dated Sept. 1, 1900. Interest will be payable
annually and the principal will mature part yearly on Sept.
the original purchasers.
Massachusetts.— Bill to Limit Indebtedness Failed to Pass. 1 from 1901 to 1930, inclusive.
Atlantic City, N. 3.— Bond Sale.— O a July 23 the $90,000
are advised that the bill mentioned in the Chronicle
July 14, providing for an amendment to the State Constitu- 4% 30- year gold city hall bonds were awarded to the Second
tion establishing a 2%% limit of indebtedness for cities and National Bank. Atlantic City, at 110— an interest basis of
about 3-462$. Following are the bids
towns, failed to pass the Lower House of the Legislature be
fore adjournment.
Second Nat B'k, Atlantic City..ll0*00
B. Kleybolte & Co., Cincinnati. .106 89
.H'9"13
North Peoria, III.— Bond Issue Temporarily Enjoined.— Blodget. MerrutS Co., Boston. .107*77 Kdw. C.Jones & Co.. New Vork.10681
E. H. Kollins & Sons, Boston.
N. W. Hariis & Co., New York..]Oi-d87
temporary injunction was granted by Judge Puterbaugh, Thompson.Tenney & Crawford,
W. R. Todd & Co., New York... 104-00
107-142
New York
which restrained the village authorities from selling the
$16,000 5% improvement bonds advertised for sale on July 16.
For description of bonds see Chronicle July 21, p. 147.
Oberlin, Decatur County, Kan.— Bond Litigation. —The
Avoca, Minn. bona Offering.— Proposals will be received
following is taken from the Topeka " Capital " of July 22
until 10 a. m., August 11, by the President and Board of VilThe ctty of Oberlin. Decatur County, has been sued in the United States Ciroffice of P. O. Opsahl, Village Clerk, for
cuit Court by the 3ociety for Savings of Cleveland, Ohio, for a judgment of lage Trustees, at the
the $4,5U0 Q% water- works bonds which were authorized at
f 4,740 and interest.
In 1888 Oberlin issued twenty-five negotiable bonds, made payable to bearer
and containing forty coupons for the payment of interest. The Society for the election held July 10, 1900. Interest will be payable
Savings came into possession o f the bonds and collected the interest on all the semi-annually.
Principal will mature as follows : $1,000
coupons up to March 1, ln97. Since that time the city has defaulted in the
yearly in 1903, 1905 and 1907 and $1,500 in 1910. Proposals
payment of the interest and the society enters suit for the amount named.
must be accompanied by a certified check for $300, payable
The official circular states that the
to the Village of Avoca.
village is not engaged in any litigations now, and has never
Callaway County, Mo.— Bond Call.— Bonds Nos. 91, 103, failed to pay its obligations, and has no bonded indebtedness
of this issue. The assessed valuation for 1900 will
140, 141, 142, 164, 165, 168 to 173 and 314 to 350, all dated outside
exceed the sum of $60,000.
Aug. 1, 1887, have been called for payment Aug. 1, 1900,
Baker County, (Ja. Bonds Defeated. At the election held
Securities are in denomination of $1,000 and carry interest
June 16 the proposition to issue $5,000 jail bonds was deat the rate of 5%.
Cooper County (Mo.), Pilot Grove Township.— Bond feated.
Balaton, Lyon County, Minn. Bond Offering. Proposals
Interest (5$) ceased on July 15 on bond No. 203, in deCall.
will be received until 10 a. m., August 14, by the Village
nomination of $500 and dated Jan. 1, 1890.
Fulton, Mo. Bond Call.— Interest ceased July 1, 1900, on Council, for $3,000 b% 20-year water- works bonds. Securities
are in denomination of $500, dated Sept. 1, 1900. luterest
5# bonds Nos. 1 to 13, inclusive, dated July 1, 1895.
Galveston, Texas. Bond Call.— I. H. Kempner, City will be payable in New York City. J. H. Cariow is Village
Treasurer, has called for payment Aug. 25, at his office, Recorder.
Barre, Yt. Temporary Loan. This city negotiated on
bonds Nos. 894 to 1007, inclusive, known as "Forty-year
Limited Debt Bonds." Securities are dated Jan. 1, 1883, and July 13 a loan of $20,000 in anticipation of the collection of
taxes. Loan matures Oct. 1, 1900.
are subject to call after ten years from their date of issu
Bayonne, N. A.—Bonds Mot Sold.—The $50,000 4% gold imance.
provement bonus offered tor sale on July 17 were not awarded,
Lincoln, Neb. Bond Call. M. I. Aitken, City Treasurer,
Beaumont, Texas.— Bond Election. An election will be
has called for payment Aug. 1 at the State fiscal agency in
held in this city, probably in August, to vote on the issuance
New York City (Kountze Bros.) $26,600 5% water bonds of bonds tor sewerage purposes.
dated Dec. 1, 1894, and $100,000 5% paving bonds, dated Aug.
Beaver Falls, Pa. Bond Election.— At the November elec1, 1890.
tion the question or refunding the entire indebtedness of the
Linneus City, Mo.—Bond Call.— Bonds Nos. 1 to 23, each
for $100, dated July 1, 1895, were called for payment July 1, borough will be submitted to a vote of the people.
Belding, Mich. ±sona offering.— Proposals will be re1900.
Interest at the rate of 6# ceased on that day.
Marshall, VLo.—Bond Call.—This city called for payment ceived until 7:30 p.m., Aug. 3, by Geo. W. Moulton, City
Clerk, for the $1u,(j00 4% lU-year coupon water-works bonds
July 1 five-hundred-dollar bond No. 6, dated May 1, 1893.
Bond Call. Bonds Nos. 58 to 64, which were authorized at the election held June 23d. SecurPutnam County, Mo.—
each in denomination of $500, dated May 1, 1889, were called ities are istued pursuant to a city ordinance approved July 6,
1900, and are dated Sept. 1, 1900; they are in denomination
for payment July 1. Bonds carried 5$ interest.
Saline County (Mo.), Salt Pond Township.— Bond Call.— ot $1,001'. Interest will be payable Sept. 1 at the City TreasInterest at the rate of 4%% will cease on Aug. 1 on the fol- urer's office.
Belleville, Republic County, Kan.— Bond Issue.— We are
lowing bonds issued Aug. 1, 1890, in denomination of $500
Nos. 9 to 38, 40 to 50, 53, 54, 56 to 61, 64 to 70, 73 and 74, all advised that the $>24,000 bonds wnich were voted on June 26
will be taken by the water company ia payment of the
numbers included.
West Chicago, III.— Bond Call.— J. C. Robertson, Village amount of water lent overdue and lor the water works, to be
Clerk, has called for payment at the office of the Village sold by them to the city. Securities will be in denomination
Treasurer, bonds Nos. 7 and 8 of the 6th, 7th, 8th, 9th and of $1,000 and will be dated about the first of September. In10th series and all bonds of the 5th series. Interest will terest at the rate of 4% will be payable at the state fiscal
agency in New York City. Principal will mature in twenty
cease Aug. 10, 1900.
years, subject to call after ten years.
Bexar County, Texas.— Bond Sale. The State Permanent
this School Fund has purchased the $50,uuu refunding bridge
bonds mentioned in the Chronicle July 7.
week have been as follows :
Birmingham, Ala. Bonds Authorizea.—The City Council
Ada, Norman County, Minn. Bond Sale.— On July 21 the has passed an ordinance providing for tne issuance ot $269,$6,000 5% water- works and $3,000 5% electric-light bonds were 0U0 30-year bonds at a rate of interest not exceeding b* for
awarded to Stoddard, Nye
Co., Minneapolis, at 102"60. the purpose of taking up unpaid coupons on the city's bonds.
Following are the bids
It will be remembered that under an agreement made with
8toddard,Nye & Co., Minn...**9,234 00 Chas. S. Kidder & Co.. Chic... $9 066 00 the bondholders of tbe city in 1895 tbe city paid only one9.276C0 Trowbridge &NiverCo.,Chic. "'9,043 00
First Nat. Bank, Ada
N. W. Harris <s Co., Chicago.. 9,213 00 w. J. Hayes A. Sons, Cleve..
900700 half of the interest on its bonds. This was made necessary,
"9,210 00 Jeflereon & Kasson, St. Paul., 9,002 00
State Sav. Bank. St. Paul
as the city was limited to a tax rate which would not provide
Martha J. Cullen, St. Paul
+9,120 00 Gowran & Co., Grand Porks..
Par.
for the entire amount of interest and pay tbe necessary ex* And accrued interest and blank bonds. + And blank bonds.
penses of government. An amendment to the State ConstituFor full description of securities see Chronicle July 14, tion was passed in 1899 increasing the rate one- half per cent,
to be used only for the payment of interesc and tbe creation
p. 96.
Akron, Ohio.— Bond Sale.— On July 21 the $23,000 5% of a sinking lund. This enabled the city to resume full inUnder the agreement with
sewer bonds were awarded to Denison, Prior
Co., Cleve- terest payments on Jan. 1, 1900.
land, at 101 303 and $2,000 b% si reet-improvement bonds to the bondnolders tbe city was to redeem tbe unpaid coupons
the Firemen's Pension Fund at the "same rate of premium." and to pay interest tbereon at the rate of 5% on or before
August 13, 1900. To meet this demand the ordinance menFollowing are the bids for the sewer bonds
Denison, Prior & Co., Cleve. .$23,300 CO Beasonpood 4; Mayer, Cincin 123 280 00 tioned above was passed.
Feder. Holzman &C0..C111... 23,282 60 K. Kleybolte & Co., Cinciu...' 23,'l76 00
Boone (Iowa) School District.— Bids Rejected.— It is stated
For description of bonds see Chronicle July 14, p. 96.
that all bids received July 23 for $40,000 3>£$ 10-year refundAlgonac, Mich.— Bond Sale.— On July 10 the $20,000 4% ing bonds were rejected.
11-30-year (serial) gold electric-light and water bonds were
Boston, Mass.— Bond Sale.— On July 24 the $1,582,000 3>#
awarded to the Marine Savings Bank of Marine City at par 30-year and $250,000 3%% 40-year bonds were awarded to
and blank bonds free of charge to the city. Mr. Hurst of Harvey Fisk
Sons and Vermilye
Co., New York, at
Detroit offered $750 premium and blank bonds for securities their joint bid of 107-477 for the 80-year and 108-817 for the

State

m®

City DsfAimrcNT.

bearing

4%%

interest;

Rudolph Kleybolte

&

—

News

—We

•

:

-

A

.

:

Bond Calls and Redemptions.

—

—

—

—

—

—

—

;

—

Bond Proposals and Negotiations
&

:

&

:

I

|

&

&

—
July

"

bonds.

Zli%%

interest.

these prices the bonds will each net about
Following are the bids

At

:

iO-Year [Entire AmiBonds.
Offtred-

30- Year

Bonds.
Vermllye A Co. and Harvey Flsk & Sons.. 1074.7
ornone). 10703
DonjinickA Doniinick.N. Y.lall
Kstabrook&Co. and R.L.Day &Co.,Bost
l»5 64
Blako Bros. & Co., Boston
10o-00
East Boston 8av. Bank (for $60,000)

108-817
108-27

106-319

10677

-

&

Dominick also made the offer that if their
or none" bids were rejected, they would take $500,000
of the 30 year bonds at 107-50. For description of bonds see

Dominick

:

THE CHRONICLE.

28, 1900.J

40- year

— — — ——
——
—

.

•'all

Chronicle July 21, p. 147.
Braddock, Pa.— Bond Election Postponed.—The election
which was to have been held on July 17 to vote on the question of issuing $84,000 bonds has been postponed until Aug.
14, 1900.

Buffalo, N. Y.— Bond Sales.— On July 25 the $125,854 75,
$31,644 22 and $15,988 20 '6)4% 20-year grade-crossing bonds
were awarded to Jos. E. Gavin, Buffalo, at 1C6-345, 106-365
and 106-355, respectively, his bid being for all three issues or
none. At these prices the interest basis will be about 3 '07$
Following are the bids :
for each issue.
$125,854 15
Bonds.
Jos. E. Gavin, Buffalo
Farson, Leach & co.. New York
Blake Bros. & Co., New Pork
Erie County Savings Bank
People's Bank of Buffalo
The Lamprecht Bros. Co.. Cleveland....
Isaac W. Sherrill, Poughkeepaie

131,644 22

Bonds.

$ 15.H88 20
Bond*.

106-366
06-76
104-969
104-78
103-66
102-675

106345
)05'76

106-356
105-76
104-9c0
104-78
103-66

1

104 W69
104-78
103-66
102-675

102675

1U6-57

Chronicle July

For description of bonds see
21, p. 148.
Canton, Ohio.— Bond dale.— On July 23 the $15,100 4%
street-improvement bonds were awarded to Denison, Prior

& Co., Cleveland, at 100-36 and the $9,000 10-year refunding
bonds to Seasongcod & Mayer, Cincinnati, at 104-64 for 4
per cents. Following are the bids :
Premium. For $9,000 Refuv ding B'ds. Premium
For $16,100 Sirwt Bonds.
$U7 70
$66 00 SeasoDgood & Mayer (4%)
Denison, Prior & Co. (4%)

199

Interest will be payable semi annually at the First
1«00.
National Bank, Chicago.
El Dorado (Kan.) School District.— Bond Sale.—This district has sold an issue of $25,000 bonds to the State Permanent School Fund.
Elmore, Minn. Bond Offering. Proposals will be received until 8 P. M., Sept. 1, 1900, by the Village Council at
the office of S. C. Moore, Recorder, for $5,000 of 4jg 15-year
water and fire department bonds. Securities were voted at
the election held July 9. They are in denomination of $500,
dated Sept. 1, 1900; interest will be payable semi-annually.
A certified check for $100, payable to the Village of
Elmore, must accompany each bid. C. D. Williams is President of the village.
Escambia County, Ala. Bond Sale.—On July 18 the $17,000 5% 1-20-year (serial) bridge bonds were awarded to Maran interest
tin Lindsey, a resident of the county, at 102-941
basis of about 4-643$. The only other bidder for the bonds
was F. M. Stafford & Co., Chattanooga. For description of
bonds see Chronicle July 14, p. 97.
Fall River, Mass,—Bond S de.— Denison, Prior & Co.,
Boston, were awarded on July 25 $20,t00 3}4% 30 year sewer
bonds at 107*046— an interest basis of about 3-136$, and $14,000 3}4% 10- year highway bonds at 102-593— a basis of about
'6
Following are the bids
20%.

—

—

:

Sewer

Allen,

Sand &

Co.,

Highway

Bonds.

Bonds.

107-046
106-32

t

Denison, Prior & Co. (both or none)
Adams A Co., Boston
Geo. C. White Jr.. New York
R L. Da> & Co., Boston
Rlodget, Merritt & Co., Boston
Farson, Leach & Co., New York

102-593
1H2-70
102-56

10681
10629
10608

'

Both
Issues.

10247
10235
105*03
104-623

New York

Interest will be payable
Securities are dated Aug. 1, 1900.
semi-annually.
Findlay, Ohio. Bond Offering.— Proposals will be received
until 12 JL, Aug. 16, by Frank C. Ray, City Clerk, for $6,000
35100 4$ street-improvement bonds.
39 00 Spitzer & Co. (4%)
(*%) ....
Securities are issued under
\(4%).... 270 00
Feder, Holzman & Co. < (*H%) .. 822 00
authority of Section 2705, Revised Statutes of Ohio. They
((&%).... 490 60 Feder, Holzman & Co. < (.*%%)• 61OO0
1000
((*>%) 94600 are in denomination of $300, dated Sept. 1, 1900. Interest
W. J. Hayes & Sons (i%)
247 00
Par W. J. Hayes & Sons (4*)
Spitzer & Co. (4$)
will be payable semi-annually at the Fourth National Bank,
'.7 50
22/160
P. S. Briggs & Co. (.*%)
P. S. Brigns&Co. (iH%)
210 00 New York, and the principal will mature $300 on April 1 and
Par Denison, Prior & Co. [i%)
Savings Bank (.4^J)
Central
Far
47106 Central Savings Bank (i)£%)
Season* ood & Mayer (6»
October 1 yearly from 1901 to 1910, inclusive. Either money
For full description of bonds see Chronicle July 14, p. 96. or a certified check on a Findlay bank for 3% of the par value
Carthage, Ohio.— Bond Offering.— Proposals will be re- of bonds will be required. Accrued interest must be paid by
ceived until 12 M„ Aug. 21, by Lewis Hall, Village Clerk, for purchaser.
$418 25 5% 1-10-year (serial) sidewalk bonds. Securities are
Fort William, Algoma County, Ont.—Debenture Offering.
issued under authority of Section 2334, a, B and c, Revised
Proposals will be received until 12 m., Sept. 1., by Jas. McStatutes of Ohio. They are in denomination of $40, except Laren, Town Treasurer, for $92,000 4% debentures, issued for
one bond, which will be for $58 25, dated Aug. 21, 1900. In- the following purposes
terest will be payable annually at the German National
Waterworks
$25,000 Oeilvie Mill site
$26,000
Bank, Cincinnati. Accrued interest is to be paid by pur- Electric light
23,000 Market
2,000
i

• • • •

—

School

chaser.

12.000

Street

Improvement

P.OOO

—

Interest will be payable semi-annually and the principal
Cass Lake, Minn. Bonds Authorized. The issuance of
will mature in from ten to twenty years.
$3,000 water bonds has been authorized.
Chamber sburg, Pa.— Bonds Voted. At the election held
Galveston, Texas. Bond Offering.— Among the advertiseJuly 24 the proposition to issue, $25,000 bonds was favorably
ments elsewhere in this Department will be found the official
voted upon.
13.— Bond notice of the offering for sale at 12 m. August 15, 1900, of
Cochise County (Ariz.) School District No.
Offering. Proposals will De received until August 6 by F. R.
$300,000 5% 20 40 year (optional) sewer bonds.
description
O'Brien, Wilcox, Ariz., for $7,500 1% school-house bonds. of these bonds was given in the Chronicle last week on page
Securities are in denomination of $500, dated Aug. 1, 1900.
148.
Interest will be payable annually at tae office of tne County
Geneva, Minn. Bonds Voted.— The issuance of $2,500
Treasurer. Principal will mature in twenty years, subject
bonds in aid of the Albert Lea- Geneva Railway has been
to call alter ten years.
Colchester 1111.) School District No. 6.—Bond Sale.— authorized.
tieneva Township, Minn. Bonds Voted. This township
The $5,900
bonds mentioned in the Chronicle May 26
have been awarded to John Nuveen & Co,, Cnicago, at has voted in favor of issuing $5,500 bonds in aid of the Albert
104 24. Securities are in denomination of $1,000, except one Lea- Geneva Electric Railway.
Goshen, N. Y.— Bond Sale— On July 3 $3,000 4% 24-26-year
bond, which will be for $900, all dated June 1, 1900. Interest
will be payable annually, and the principal will mature (serial) water bonds were awarded to the Goshen Savings
yearly on June 1, $1,000 from 1902 to 1906, inclusive, and Bank,
Granby School District, Newton County, Mo.—Bond Sale.
1907.
$900
Com mack (N. Y.) School District.— Bo -id Sale.— On July —The Miners' Bank of Granby has purchased the $10,000 6%
20 the $4,500 4% school bonds were awarded to Geo. M. Hahn, 5-20-year (optional) buildiDg bonds mentioned in the ChronNew York, at 102*625. Securities will mature one bond of icle July 14, paying therefor 105. Securities are in denomination of $500.
$500 every other jear, beginning in 1902.
Grand Haven, Micb. Bonds Proposed. The issuance of
quesCook County, 111.— Bond Eltction Proposed.— The
tion of submitting to a vote of the people at the November $3 265 62 5% judgment bonds is being considered by the Comelection a proposition to issue $500,000 bonds for the im- mon Council. Securities, if authorized, will be dated July 2,
provement of the county building is being considered by the 1900, and will mature July 2, 1907. Interest will be payable
annually.
County Board.
Great Falls, Mont.—Bond Sale.— On J uly 25 the $25,000
Del Monte School District, Monterey County, Cal.— Bond
Offering.— Proposals will be received until 11 A. m., Sept. 15, 5% 10-20-year (optional) sewer bonds were awarded to N. W.
by Jas. Taylor, County Treasurer (P.O. Salinas Ciy), for Harris & Co., Chicago, at 103-44— an interest basis of about
$6,000 5% refunding bonds. Securities are in denomination 4 69$ if bonds are redeemed at their optional date and 4'73£
of $1,000, dated Oct. 1, 1800.
Principal will mature one bond if allowed to run to their full maturity. For description of
yearly on October 1 from 1905 to 191U, inclusive. A certified bonds see Chronicle, June 23, p. 1261.
Greenwoud, Miss. Bond Offering. We are advised by J.
check for 10# of Ihe amount bid, payable to the County
L. Gillespie, City Clerk, that the $15,000 5% 5 20- year (opTreasurer, must accompany proposals.
East Orange, N. 3.—Bond Sale.— On July 23 the $40/00 4% tional) school bonds for which proposals were asked until
40- year school-house-addition bonds were awarded to N. W. June 5 were not awarded at that time, as no satisfactory bid
Harris & Co., New York, at 112-729— an interest basis of was received, and that these securities will be sold at the
regular meeting of the Council to be held August 7. Interabout 3-415-?. Following are the bids:
N. W. Harris & Co., New York. .112 in E. D. Shepard & Co.. New York.110-278 est will be payable annually.
1 nompson. Tenney & Crawford,
Farson, Leach & Co.. New Vorft.109'64
Guelph Township, Sumner County, Kan.— Bond Sale.—
New York
-..111088 W. R. Todd & Co.. New York... 1» '00
The State Permanent School Fund has purchased $16,000
104-50
R.Kleybolte& Co.. Cincinnati.. llo-77o Hugh Boyd (one bond)
Jno. D. Bveritt & Co., N. Y
10V11
110-62
bonds of this township.
Jose, Parker & Co., Boston
For description of bonds see Chronicle July 21, p. 148.
Hagerstown, Md.— Bond Sale.— On July 24 an issue of
East Peoria (111.) School District.— Bond Sale.-The $5,000 4% 4 8-year (serial) electric light bonds was awarded at
$3,500 5% 1-13- year (serial) bonds mentioned in the Chronicle the following prices
$500 due 1904, 100-408; $500 due 1905,
June 2 have been sold to John Nuveen & Co., Chicago, at 100-54; $500 due 1906, 100-90; $500 due 1907, 101-54, and $500
par. Securities are in denomination of $500, dated July 1, due 1908, 102-60.
Securities are in denomination of $500.

—

—

A

—

H

m

—

—

:

——

———
—

:

—

—

——

—

THE CHRONICLE.

200

Hamilton County, Ohio.—Bond Offering.—Proposals will
be received until 12 M., August 18, by the County Commissioners, Geo. C.

Zimmerman,

Clerk, for $75,000 Z%%

"County

Overdraft Bonds." Securities are in denomination of $100,
dated Sept. 1, 1900. Interest will be payable semi-annually,
and the principal will mature $7,500 yearly on Sept. 1 from
1901 to 1910, inclusive. A certified check for $500, payable
to the County Treasurer, will be required with each bid.
Hartley County, Texas.—Bond Sale.—The State Permanent School Fund has purchased the $3,000 4% refunding jail
bonds mentioned in the Chronicle July 7. Securities are in
denomination of $1,000 and will mature June 1, 1915, subject

two years.
Ont.—Bond Offering.— Proposals will be received until August 4 by A. J. Brewster, Village Clerk, for
$10,000 4% electric-light debentures. Interest and portion
of principal (together amounting to $735 83 in each year)
will be payable yearly on July 2 from 1901 to 1920, inclusive,

to call after

Hespeler,

at the office of the Village Treasurer. We are advised that
the Village is in excellent financial condition.
Home City, Ohio—Bond Sale.— On July 19 the $2,500 4%
30-year sidewalk bonds were awarded to Seasongood & Mayer,
Cincinnati, at 107-386. Following are the bids
$2,627 50
Seasongood & Mayer. Cincin .$2,684 65 P. S. Briggs & Co.. Cincin
Atlas Nat. Bank, Cincinnati... 2,662 50 W. R. Todd & Co., Cincinnati. 2,576 00
:

I

.

I

[Vol. LX2.I.

16, have been awarded to P. S.
nati, at 102-255.
For description of
June 23, p. 1262.

July

Briggs & Co. Cincinbonds see Chronicle
,

Lockland (Ohio) School District.—Bonds Defeated.— At
an election held July 23 a proposition to issue $10,000 bonds
was voted upon and defeated.
Los Banos School District, Merced Connty, Cal. Bond
Offering.—The County Treasurer will receive proposals until
Aug. 15, 1900, for $4,000 <o% 2-5-year (serial) gold schoolhouse bonds voted at the election held early this month.
Securities are in denomination of $1,000, dated Auer. 15, 1900.
Madisonville (Tex.) School District.— Bond Sale.— This
district has sold to the Gibbs National Bank of Huntsville
an issue of $3,400 6% 5-20 year (optional) bonds at par.
Marquette, Mich.— Bond Offering.— Proposals will be received until Aug. 31, 1900, by this city for the $25,000 4%
"Water Board Improvement Bonds" which were authorized
at the election held July 6, 19C0. Interest will be payable
April 1 and October 1 at the City Treasurer's offbe. Principal will mature Oct. 1, 1920.
Marshfleld, Wis.— Bonds Authorized. The City Council

—

has authorized the issuance of $20,000 City-Hall bonds.
Meaford, Grey County, Ont.—Debenture Offering.—Proposals will be received until 5 p. m., Aug. 17, by Geo. G. Albery,

Town

Clerk, for $56,000 4*4% debentures.

Principal will

mature part yearly on Dec. 30 from 1900 to 1929, inclusive,
For description of bonds see Chronicle June 23, p. 1261.
Irvington, Ind.— Bond Sale.—On July 23 the $8,000 5% 10- the amount of principal to be thus paid plus the interest
year renewal bonds were awarded to Campbell, Wild & Co., due on the outstanding securities together making $3,437 95
Indianapolis, at 109*40 and accrued interest. Following are in each year.
the bids
Melrose School District, Alameda County, Cal.— Bond
Campbell, Wild & Co., Ind'lls.. $8,776 00 E. Kleybolte & Co..Cincinnati.$8,484 80 Offering.
Proposals will be received until 5 p. m., August
00 8easongo«>d & Mayer, Clncin.. 8,461 28
Meyer & Kiser, Indianapolis.. 8,776
Deulson, Prior & Co.. Cleve... 8.720 00 Chas. S. Kidder & Co., Chic ... 8,412 50 10, by the County Treasurer, for $15,000 5% gold bonds. Secur-

—

P. S. Briggs

& Co..

Cincin

Lamprecht Bros. Co.. <'Ieve.
W. J. Hayes & Sons. Cleve....
.

N.

W.

Harris

&

.

W.

8,600 00
8,68u 00
8.660 00

K.

Todd &

Co., Cincinnati. 8,250 00

For Hist Bond*.

Farson, L,each

Co., Chicago.. 8,61800

C. S.

Kidder

&

&

Co.. Chic... 8.200 00
8,090 00
Co., Chicago..
. .

For description of bonds see Chronicle July

14, p. 98.

Irwin, Pa. Bond Election.—An election will beheld Aug.
on the issuance of $30,000 sewer and street-improve-

1 to vote

ment bonds.

—

Jackson, Mich.— Bond Award Revoked. The Mayor has
vetoed the ordinance awarding to the Jackson City Bank the
$50,000 bonds advertised for sale on May 21, 1900. The City
Council has sustained the Mayor's veto, but has not as yet
taken any further action in the matter.

are in denomination of $1,500, dated July 15, 1900. Interbe payable annually on July 15, and the principal will
mature in ten years.
certified check for lOjg of the amount
of bid, payable to the County Treasurer, will be required
ities

est will

A

with each bid.
Midland, Simcoe County, Ont. Debenture Sale. Following are the bids received July 14 for the $4,000 5% school debentures maturing part each year for thirty years

—

:

Western Bank of Canada, Til4,435
sonburg
$4,330
4,280 Central Canada Loan
4,u2«

Confederation Life Association. .|4,552

H. O. Hara & Co
A. Emelius Jarvis

Milton (Pa.) School District.— Bond Offering.— Proposals
Aug, 15, by the Board of School
Directors, William C. Dickerman, President, for $18,500 4%
Jefferson Connty, Ohio— Bond Sale.— On July 21 $10,000 bonds. Securities are in denomination of
$500, dated Aug.
5% 6-year (average) Knoxville free turnpike bonds were
National Exchange Bank of Steubenville at 15, 1900. Interest will be payable semi-annually at the office
awarded to the
104*72.
of the District Treasurer. Principal will mature $1,000 beFollowing are the bids:
10429
Lamprecht Bros. Co., Cleve
National Exchange Bank. Steuginning Jan. 1, 1902, all bonds being subject to call at any
104*72
National Bank of Barnesville.. 10313
benville
time at the option of the board. A certified check for 5% of
Bonds are in denomination of $500.
Kearny, N. 3.— Bonds Authorized. The Common Council the amount bid for, payable to the President of the board, will

—

Jackson County, Kan. Bond Sale. The sale of $1,000
bonds to the State Permanent School Fund is reported.

will be received until 7 p. m.,

l

I

—

has authorized the issuance of $10,000 fire-apparatus bonds.
be required with each proposal. The bonded debt of the disKirkland (111.) School District.—Bonds Defeated.—At a
trict, includingth is issue, is 133,500.
The assessed valuarecent election held in this district the question of issuing
tion is $934,131. The bonds will not be free from State tax.
bonds for improvements to the school house was voted down.
Kirkwood, Mo. Bonds Voted.— At the election held July The legality of the issue has been attested to by Wm. H.
21 the proposition to issue $17,000 electric- light bonds carried,
Hackenberg, attorney-at-law, Milton.
by a large majority, only eight votes being against the bonds.
The official notice of this bond offering will be found among
Lafayette, i<a. Bonds Authorized by Legislature. This
received authority from the State Legislature to the advertisements elsewhere in this Department.
city has
issue $14,000 bonds.
Milwaukee, Wis.— Bond Sale.— On July 20 the $150,000
Lafayette Parish, La. Bonds Authorized by Legislature. Z%% 1-20-year (serial) bridge bonds and $50,000 3}£* 1-20-year
The State Legislature has authorized this parish to issue (serial) flushing tunnel bonds were sold to R. L. Day & Co.
$33,000 bonds.
of Boston at 102*569 and 102*449, respectively— a basis of
Lakewood (Hamlet), Ohio. Bond Offering. Proposals about 3 21<g. Following is a list of the bids received
will be received until 12 m., August 17, by John French,
$150,000
$50,000
For the entire
Bridge Bonds.
Term. Bonds. $200,000 Bdt.
Hamlet Clerk, for $112,500 4% sewer bonds. Securities are in
R. L. Day & Co., Boston
$'63.85350
$51,224 60
denomination of $500, dated June 1, 1900. Interest will be N. W. Harris & Co., Chicago
168,018 00
51.13600
$204,438 00
payable April 1 and October 1 at the Western Reserve Trust Estabrook & Co., Boston
Adams & Co., Boston
203,080 00
Co., Cleveland. Bonds will be divided into three series of Mason, Lewis 4 Co., Chicago
162,43700
Denison, Prior & Co., Cleveland
50.81000
»
$37,500 each, and will mature $500 of each series every six
A full description of the bonds will be found in the Chronmonths, beginning Oct. 1, 1905. Bidders must satisfy themselves as to the legality of the bonds before bidding. A cer- icle July 14, p. 98.
tified check for 5% of the face value of the bonds bid for will
Monterey School District, Monterey Connty, Cal.—Bond
be required. Accrued interest to day of delivery will be Offering.— Proposals will be received until 11 a. m., Sept. 15,
added to the price offered for the bonds. Bidders must sat- by Jas. Taylor, County Treasurer (P. O. Salinas City), for
isfy themselves as to the legality of the bonds before bidding. $20,000 $5 refunding bonds.
Securities are in denomination
Lima, Ohio. Bond Offering. Proposals will be received of $1,000, dated Aug. 1, 1900. Principal will mature $1,000
until 12 m., July 30, by C. E. Lynch, City Clerk, for $32,000 yearly on August 1 from 1901 to 1920, inclusive. A certified
3)0 East Market Street paving bonds. Securities are dated check for 10£ of the amount of bid, payable to the County
July 1, 1900. Interest will be payable January 1 and July 1 Treasurer, must accompany proposals.
Montpelier, Vt.— Loan Authorized. The City Council has
at the office of the City Treasurer. Principal will mature
$2,000 each six months from Jan. 1, 1901, to July 1, 1902, in- authorized a temporary loan of $3,000.
Morrillton, Ark. Bonds to be Issued. This city proposes
clusive, and $1,500 from Jan. 1, 1903, to July 1, 1910, inBonds are issued under authority of sections 2303 to issue $32,000 bonds to pay for the construction of a water
clusive.
to 2707, inclusive, and 2709, Revised Statutes of Ohio. Pro- plant.
Morris, Manitoba. Debenture Offering.— Proposals will
posals must be made on blanks prepared by the city, and
which may be obtained from the Citv Clerk, and must be ac- be received until Aug. 3, by J. M. Hackney, Town Treasurer,
companied by a certified check on a Lima bank for 5% of the for $20,000 4% 20- year debentures. Securities are in denomamount of the bonds bid for and made payable to the City ation of $1,000, dated May 1, 1900. Interest will be payable
semi-annually at the Bank of Hamilton, "Winnipeg. These
Clerk.
R. Todd & Co., debentures constitute the only indebtedness of the town, and
Lincoln, Neb.— Bonds Re-awarded.—
who were awarded on July 2 an issue of $170,600 4% refund- the interest thereon is guaranteed by the Province of Maniing bonds, have withdrawn their bid and the bonds have toba. No further issue.-, it is stated, can be made without
been re-awarded $26,600 to the Columbia Fire Insurance the approval of the Lieutenant-Governor in Council for ManCo. ot Omaha at par and the remaining $150,000 to Spitzer & itoba, 75<{ of the holders of the above debentures assenting

—

—

—

,

:

—

—

—

W

.

—

Co., Toledo, at 100*04.
(serial)

Ohio.— Bond

Sate.—The $10,000 10-29-year
sidewalk bonds, bids for which were received on

Locklaud,

The

assessed valuation of the town is $L32,t 00.
(P. O. North Tarrjtown, N. V ) Union
Free School District No. I.— Bond Sale.— On July 23 this

thereto.

Mount Pleasant

——

:

July

——
—

dietrict sold $4,000 4£ bonds to
at 108*55. Ocher bidders were

&

to Estabrook

:

$59,000
Isxut.
103-11

Irniur.

Dunscomb * Jennison, New York
B. Hunt Allen.Jr
N. W. Harris & Co., New York

118-75
\\T^.2r,

117087

Geo. O. White Jr., New York
Geo. M. Habn, New York

115-00
114*76
113-133

& Co., New York
W. J. Hayes* Sons, Cleveland
Alton, Sand & Co., New York
Rudolph Kieybolte&Co., New York
B.C.Jones

Jose,
•

102-93
1<

10968

The highway-improvement bonds

will

New Orleans, La.— Date of Sale.— Proposals for the water
and sewer bonds mentioned in the Chronicle July 14,
page 98 will be received until 12 m., Dec. 15, by the Board of

A

Fund.

SEALED PROPOSALS

will be received at the
E. P. Howarth, Village Clerk, Grlnnell
Library Building, Wappingers Falls, N. Y., up to
noon of Monday, August 6th, 1900, for tbe purchase
of fifteen Bonds of the value of $1,000 each, of the
Village of Wappingers Falls, N. Y., bearing date of
August 1, 1900. These bonds are issued pursuant to
the provisions of Sections 128 and 129 of the Village
Laws, and under the authority of a proposition
adopted at the annual election, held Tussday, March
office of

and a Resolution adopted by the Board of
Trustees of said Village July 16. 1900, and will be
signed by the President and Treasurer and attested
by the Clerk under the Corporate Seal, and will bear
interest at the rate bid, payable annually on the
first day of July of each year, beginning with 1901,
and will be due and payable at the place'of payment
designated as follows
One thousand dollars on the first day of July,
1903, and one thousand dollars annually thereafter
until all are paid. They are coupon bonds, converts
Ible into registered bonds at the option of the
owner. The place of payment of principal and interest may be in the Citv of New York or the City of
Poughkeepsie, at the option of the purchaser, to be
declared with his bid the bid to include the whole

20, 1900,

#18,500
MILTON, PENN.,

City of Galveston, Tex.,
SCHOOL DISTRICT SCHOOL BONDS.
SEWERAGE BONDS.

The President and Secretary of the Board of
Galveston, Tex., July 14, 1900.
The City of Galveston offers for sale Three Hun- School Directors of the Borough of Milton, Penna.,
dred Thousand ($300,000) Dollars 5 per cent twenty- Invite sealed proposals for EIGHTEEN THOUSAND
forty sewerage bonds of the denomination of $1,000
each, dated August 1,1899. Interest coupons are made
payable semi-annually in New York or Galveston
These bonds have been apat option of holder.
proved by the Attorney-General and registered by
suit was
the Comptroller of the State of Texas.
brought to enjoin their sale and delivery and to
have them canceled, and the Supreme Court of the
State of Texas has recently and finally decided the
case, sustaining the validity of the bonds. This renders them very desirable, as their legality cannot
now be questioned. Sealed proposals for the purchase of the above bonds for cash will be opened

A

by the Mayor and Committee on Finance and Revenue of the City of Galveston at noon on WednesEach bid must be accomday, August 15, 1900.
panied by a certified check for $5,000 as a guaranty
of good faith, to be returned if the bid is not accepted, and the sale must be Jully closed up and the
entire amount paid within not more than 15 days
after the acceptance of the bid. The right is reserved
to reject any and all bids. Proposals should be en
dorsed: "Bids for Sewerage Bonds," and addressed

THEO.

to

Issue.

The

right to reject any and all bids is reserved by
Uie Board of Tru»tees.
Notice of the acceptance of proposal and sale will
be immediately given the purchaser.

These bonds have been approved by George Wood,
District Attorney of Dutchess County.
Proposals should be endorsed on the outside

$941,850 00

THOMPSON.

Coupon Bonds bearing i%

Purchaser to pay State tax. DenominaSubject to call at the option of the
Board of School Directors. $1,000 matures January
1st, 1902, and $1,000 on January 1st of each year following. The right is reserved to reject any or all
proposals. Proposals will be received until 7P.M.
August 15th, 1900. A certified check payable to the
President for 6)6 of tbe amount bid for must accomption

any

$500.

all

proposals.

Attest

WILLIAM

C.

DICKERMAN,
President.

BUDD CANNON, Secretary.

B.

Qovernment

and

Municipal Bonds

BOUGHT AND

SOLD.

APPRAISEMENTS MADE OR QUOTATIONB
FURNISHED FOR THE PURCHASE, SALE OR
EXCHANGE OF ABOVE SECURITIES.

LISTS ON APPLICATION.

W. HARRIS &

CO.,

BANKERS.

Investment Securities
31

FOR

of School District

interest, payable semi-

annually.

N.

Bond Proposals."

All comaiunicati^ns should be addressed to B. P.
Howarth, Vil!age Clerk, Wappingers Falls. N. Y.
The following is a true statement of the Village

K,

FIVE HUNDRED DOLLARS

City Auditor,
Galveston, Texas.

;

NASSAU

SAVINGS BANKS and TRUST FUNDS E. H.
h% BONDS A SPECIALTY.

ST. (Bank

ot

C'omntru

Bldi.)

ROLLINS & SONS,
BANKERS.

8,354,625 00

1124

Other Bonded Indebtedness
None
Moating Indebtedness
None
This Village has been bonded only once before and
'o the extent of « ,000 for the purchase of a park,
inese bonds, principal and interest, were paid aclordlng to agreement.
According to 8e> tlon 129 of the Village Laws,
Kinds stall bear interest at a rate not exceeding 5
Jercent per annum, and sball be negotiated for not
•ess than their par value.
They shall be sold to the
Person who will take them at the lowest rate of ln-

EDW.
NEW

the Village of Wappingers Falls has
xryer been questioned. It is a manufacturing cen
a-e wlih ample resources to mtet the demands
of
ne proposed improvement.
o'

ARTHUR

S.

PEACOCK,

Village President.

C.

YORK,

PHILA..

-

JONES A

-

CO.,

NASSAU STREET.

-

1

-

112 SO.

FOURTH

ST.

MUNICIPAL BONDS
Securities Netting from

Z%

to 6*

ALWAYS ON HAND.

ereet.

The credit

N E WJLO AN S.

LOANS.

S300,000

Electric-Light Bonds.

finances:
Assessed Valuation, 1900
Actual Valuation (estimated)
Present tax rate per $1,000
Population (estimated), 3,600.

—

—

:

•

Plus $60 for each Issue.

&

Liquidation of the City Debt.
certified check for 3g of
the amount of bonds bid for must accompany proposals.
full description of these bonds was stiven last week.
Newport, K. I.— Bond Sales.— On July 23 the $118,000
bonds were awarded as follows
$50,000 3%£ 15-year bonds

Falls, N. Y.,

115*64
116*602
106*66
112-25

Omaha, Neb. Bond Offering. Proposals will be received
until 3 P. M., August 1, by A. H. Hennings, City Treasurer,
for $50,000 4* 20-year sewer bonds, bearing interest payable
semi-annually. Securities are authorized by Ordinance 4785,
approved July 13, 1900. They are dated August 1, 1900, and
are in denomination of $1,000. Each bid must be accompanied by a certified check on a national bank for $1,000,
payable to the City of Omaha. This is the balance of an
issue of $75,000 voted at the election held March 6. 1900,
Mayer,
$25,000 being sold April 30, 1900, to Seasongood
Cincinnati, at 107-788.
Ottawa County, Kan. Bond Sale. Local papers report
the sale of $29,000 bonds to the State Permanent School

school.

Wappingers

102*00
101*77

against.

—

VILLAGE OF

108876

1164a
»116-1!5

—

New Haven, Conn.— Bonds Authorized. The Board of
Finance has voted to issue $480,000 bonds for a new high

^15,000

856

—

—

NEW

116-67
106-84

106-84
ine-70
"105 - 79
106*70
106*0626
102 00
102*84

—

mention for what amount.
Nevada School District, Vernon County, Mo.— Bonds
Registered.— The State Auditor on July 21 registered an
issue of $35,500 4# 20-year bonds of this district.
New Bedford, Mass. Bonds Authorized. The City Government has authorized the issuance of $477,500 gold bonds

LOANS.

116-28

1W38

100 03

103-51

Parker* Co., Boston

116-<>7

10704
10728

July 24 authorized the issuance of $4,000,000 bonds
for the new East River bridge.
North Brookfleld, Mass.— Temporary Loan. The Town
Treasurer has borrowed the sum of $15,000 in anticipation of
the collection of taxes, at the rate of 3*54*.
Olivet, Mich. Bonds Defeated. The proposition to issue
water and electric-light-plant bonds failed to carry at the
election held July 7, as the question did not receive the
The vote was 102 for to 63
necessary two- thirds vote.

Napoleon, Ohio. Bond Offering.— Proposals will be received until August 10 for $9,000 i% 1-10-year street- improvement bonds. Ueher V. Fiser, Village Clerk, states that each
bid must be accompanied by a New York draft, but does not

A

*1<

$18,000
30-vr. Bd»
107-527

men on

1,

$10,000 in 1947 and, $10,000 in 1948.

for a bridge.

,

$60,000
SO.yenr Bond*.
107-527
107 17

For description of bonds see Chronicle July 14, p. 98.
New York City. Bonds Authorized. The Board of Alder-

281

102472

mature on July

$60,000
15-tear Bonds.
104-419
1*4-29
104 18
104*178
104-07
104' 6
1C3-72

& Co Boston
Ulodgett, Merritt * Co.. Boston
K. I,. Dav A Co.. Boston
B. H. Rollins 4 Sons. Boston
Parkinson & Burr. Boston
Adams* Co.. Boston
Bin ke Bros. & Co.. Boston
Havings Bank of Newport
K. KloybolteA Co., New York
N. W. Harris & Co., New York
W. R Todd & Co.. New York

Kstabrook

&

$20,000

201

& Co., Boston, at 104-419— an interest basis of
about 3-129*; $50,000 %%% 80 year bonds to the same firm at
107«527— or a bapis of about 3-113*. The $18,000 4* 30-year
bonds went to Blodgett, Merritt & Co., Boston, at 116-57—
basis of about 3-143*. Following are the bids

Penhale & Fisher, New York,
W. R. Todd & Co., Cincinnati,

Sons, Cleveland. Securities are issued
and W. J. Hayes
in denomination of $1,000, dated Aug. 1, 1900, and were
authorized at an election held April 24, 1900. Principal will
mature Aug. 1, $2,000 in 1925 and $2,000 in 1926.
Mount Vernon, N. I.— Bond Sales.— On July 17 this city
Jennison. New York, $20,000 1%
awarded to Dunscomb
highway- improvement bonds at 118-75, and on July 24 $59,000
4% 5-year assessment bonds at 103-11. Following are the bids:

•

a

:

THE CHRONICLE.

38, 1900.]

NEW

—

Send for oar Inreitment Circular.

DUKE

M.

Municipal Bondi.

FAR80N.
1

Banker,

15 Dear barn Str*si

CHICAGO.

Bonds for
Permanent Investment
19 Milk Street,

Denver.

WE

BOSTON.

San Francisco
DEAL IN

.

SOUTHERN AND WESTERN
SECURITIES.
ROSENBEROER & LlTERMORE,
(Specialists in Southern and Western Bonds.)
NEW YORK.
SI NASSAU STREET,

—
—

THE CHRONLCLR

202

Palo Alto High School District, Santa Clara County,

CaL— Bond

Offering.— Proposals will be received until 10
a. m., Aug. 20, by Paul P. Austin, Chairman of the Board of
Supervisors, for $20,000 5% gold bonds. Securities are in denomination of $1,000. Interest will be payable semi annually
Principal will maat the office of the County Treasurer.
ture $2,000 in 1904, $2,000 yearly from 1905 to 1910, inclusive.
A certified check for 10* of the amount of bonds bid for,
payable to Henry A. Pfister, County Clerk, must accompany

__i

proposals.

Passaic County, N. J.— Bond Sale.— On July 20 the $104,000 5<* 12-year (average) bridge bonds were awarded to John
D. Everitt & Co., New York, at 115-282— an interest basis of
about 3-436£ Following are the bids
115-282 Thompson. Tenney & Crawford.
Jno. D. Ereritt &Co.. N. T
115-032
New York
.*H5-989
W. J. Hares 4 Sons, Clere
N. W. Harris & Co.. New York.. n 4-787
Hamilton Trust Co. (for $52,000
116M25 E. H. Rollins A Sons. Boston. ..114-00
due 1912)
W. B. Todd & Co.. New York...ll*-00
:

*

Bid rejected as Irregular.

Bonds mature $52,000 Feb.
Feb.

1,

1,

and a

1912,

like

amount

1913.

Pinckney, Mich.—Bonds Defeated.— This place voted

re-

purposes.
Pleasant Ridge, Ohio.— Bond Sale.— On July 23 the $2,000
5* 15-year fire-apparatus and $1,000 5% 15-year fire-enginehouse- site bonds were awarded to Seasongood & Mayer, Cincinnati, at 114*416. Following are the bids :

cently against the issuance of bonds for

& Mayer. Clncin.. $3,432 60
Nat. Bank. Cincln.... 3,382 60

Seasongood

German

For description

|
|

of bonds see

fire

P. 8. Brlues &Co.,Clncinnatt..$3,330 00
B. Todd & Co.. Cincinnati. 3,302 00

W.

Chronicle July

7, p. 49.

Plymouth (Pa.) School District— Bond Sale.-On July 12
$8,500 4% bonds were awarded to local investors at prices
ranging from 101 to 106. Securities are in denomination of
$500, and the principal will mature $500 yearly from 1904 to
1908, inclusive, and $1,000 yearly from 1909 to 1914, inclusive.
Polk County, Minn.— Bond Sale.— Road bonds to the
amount of $40,500 have been awarded to the Minnesota Loan
Co., Minneapolis, at a
Trust Co. and Stoddard, Nye
premium of $50 and blank bonds for i%% securities. The
award, however, may possibly be revoked, as an offer for 4%
bonds was before the board at the time the above action
was taken.

&

&

[Vol. LXaI.

Portsmouth, Ohio.— Bond Sale.— On July 9 the $12,000 4<t
street-improvement bonds were awarded to Rudolph Kleybolte & Co., Cincinnati, at 10226. Following are the bids
R Kleybolte & Co., Cincln. $12,271 00 W. R. Todd & Co., Clncinn. .$12,190 00
W. J. Hayes & Sons. Cleve... 12,267 OC S.A. Kean, Chicago.
12.1*0 00
Seasongood & Mayer, Cincln. 12,^48 16 Lam preen t Bros. Co., Clere. 12,026 00
Bonds mature July 1, 1910, subject to call $1,000 yearly for
six years and $1,500 yearly thereafter.
For further descrip:

.

.

.

.

.

-

bonds see Chronicle June 23, p. 1265.
Recovery (Tillage), Mercer County, Ohio.— Bond Offering.
Proposals will oe received until 12 M., August 15, by
Fred. Tegler, Village Clerk, for $20,000 it water and $10,000
4% electric-light-plant bonds. Securities are in denomination of $100, dated Aug. 1, 1900. Interest will be payable
semi-annually at the office of the Village Treasurer, and the
principal will mature one bond of each issue every six
months, beginning Aug. 1, 1903. A certified check for $100
must accompany bids for each issue.
Red Lodge, Mont. Bond Offering.— Proposals will be received until 2 p. m. Aug. 30 for $10,000 5# 10-20-year (optional)
water-works extension bonds. Securities will carry interest
tion of

—

payable semi- annually in New York City.
Sac City, Iowa.— Bond Sale.— An issue of $8,900 4>£< 10-15year (optional) refunding water bonds has been purchased
by John Nuveen & Co., Chicago, at 101. Securities are in
denominations of $400 and $500, dated July 1, 1900. fnterest
will be payable semi-annually at the Chemical National
Bank, New York City.
Salt Lake City, Utah.—Bonds Voted.— At the election
held July 16 the proposition to issue $250,000 water- worksimprovement bonds carried by a vote of 1,337 to 737.
Schenectady, N. T. Bond Offering.— Proposals will be received until 11 a. M., August 8, by Jos. H. Bernardi, City
Treasurer, for $75,000 4g registered school and $6,000 4* parkimprovement bonds. Securities are in denomination of
Interest will be payable semi-annually at the office
$1,000.
of the City Treasurer. The school bonds are issued under
Chapter 485, 526, Laws of 1900. They are dated Aug. 15,
1900, and will mature yearly on August 15 as follows: $8,000
in 1902 and 1903, $3,000 from 1904 to 1907 and 1912 to 1918,
inclusive, $6,000 in 1908, and $5,000 in 1909, 1910. 1919 and
1920. The park bonds are authorized by Chapter 316, Laws

INVESTMENTS.

INVESTMENTS.

MISCELLANEOUS.

<v^lv*rfV*^'^'^*V^'v^rfV^^^^wV^^^^*vN*'^^w*«vw^^i^<w*<

The Lamprecht

Bros.

Co.,

DENISON, PRIOR & CO.

MUNICIPAL

DEALERS IN

Geo. D. Cook Company,

AND OTHER HIGH-GRADE

Grade

High

Bonds.

INVESTMENT SECURITIES.
238*240 La Salle Street,

BONDS.
Cleveland. Ohio,

EASTERN BRANCH:

SEND FOR

New York City,

LISTS.

52 Broadway.

All securities having a Cleveland

and

New York

market bought

CO.,
Members New York and Chicago Stock Exchanges.

TROWBRIDGE

131 Euclid Avenue, Cleveland.

&

Blodget, Merritt
16

Co.,

Bank
CHICAGO.

New York.

Members of Boston SteckjExchange.

BANKEItS AND BROKERS,

No. 7 Congress and 31 State Streets,

Charles

DULUTH, MINN.
[Members American Bankers'

BOSTON.
CO.,

Asa'n.J

MUNICIPAL

Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.

BANKERS

IN

RAILROAD

and

SECURITIES.
71

BROADWAY

NEW YORK.

-

investors.

BOSTON,
60 Devonshire

St.

BONDS.
^****»
t ***

i

Choice Iaauea.

Street Railway and Gas Companies

LIST ON APPLICATION.

:

F. R. FULTON & CO.,
T. B. POTTER,
MUNICIPAL and oriKinQ
Municipal Bonds,
CORPORATION BUNU?>
171 la salle street,
>

172 Washington Street,

CHICAGO,

-

-

-

CHICAGO.

ILLS.

MUNICIPAL BONDS.

LIST ON A PPLICATION.

CLINTON GILBERT,
New

BANK AND TRUST

Co.,

Act as agents for non-resideDt property owners and

CHICAGO,

2 Wall Street,

Whann &
DEALERS

DEALERS IN

MASON, LEWIS &
MUNICIPAL
RAILROAD
CORPORATION

Bldg.,

8TATE. CITT & RAILROAD BOND*

INVESTMENT BONDS. A.R.Macfarlane&Co.

Monadnook Building.

CO.,

MUNICIPAL BONDS,
First National

Congress Street, Boston.
13 Wall Street,

DEALERS IN

& NIVER

BANKERS

ADAMS & COMPANY,
BANKERS,

52 Broadway.

Office,

sold.

LAMPRECHT BROTHERS A

8 Exchange Place, Boston.

CHICAGO.

197 Superior Street.

•

CO.

York.
STOCKS.

INVESTMENT SECITRITIES.

MUNICIPAL BONDS.
E. C.
121

STANWOOD &

CO.,

BANKERS,
Devonshire Street.

BOSTON.

John
1st

Nuveen

&

Co.,

INVESTMENT BANKERS,
National Bank Building, Chicago.
Correspondence

solicited.

Btfnrtnct, Firtl National Bank, OMcaoo.

—
—
July

—
:

—

:

:

THE CHRONICLE.

28, 1900.1

203

Tannton, Mass.— Bond Safe.— On July 24 the $40,000 4*
water bonds were awarded to Denison, Prior & Co.,
Boston, at 116666— an interest basis of about 3*139#. Following are the bids

They are dated July 1, 1900, and will mature July
1900.
certified check for 10# of bid must accompany
1909.
aroposals.

30- year

Shelbyville, lll.-Bond Safe.— The $18,000 5* 3-11-year
plant bonds, mentioned in the Chronicle last
Co., Chicago,
week, have been awarded to N. W. Harris

I'enlson. Prior

>f

A

L,

jlectric- light

:

&

Adams &

Sparta (Mich.) School District.— Bond Offering.— Pro-

&

.

i

*

Refused to

Co.. Chicago..

105 OO

deposit check— bid

I

Gaylord, Blessing

& Co.,

St. L. +6,904

66

rejected. + Bid declared irregular, therefore

irejected.

Securities are dated Sept.
annually.

Interest will be payable

1, 1900.

Starr County, Texas. Bond Sale.— It is stated that an
issue of $3,000 bonds of this county has been tab en by the
State Permanent School Fund.
Summit, N. J.— Bond Election.— The election to vote on
the question of issuing $130,000 sewer bonds will be held
July 31, 1900.
Talladega, Ala. Bond Sale.—It is stated that Duke M.
Farson, Chicago, has purchased the $60,000 30-year bonds,
mentioned in the Chronicle July 7, at par for 5%$ bonds.
Tarentnm, Pa. Bond Offering.— Proposals will be received until 4 p. M., August 13, by F. A. Ready, Borough
SeClerlr, for $10,0C0 5% coupon curbing and paving bonds.
curities will be in denomination of $500, dated Sept. 1, 1898.
Interest will be payable semi-annually from Sept. 1, 1900.
Principal will mature Sept. 1, 1928, subject to call after
Sept. 1, 1908. Proposals must be accompanied by a certified
check in the amount of $500.

MISCELLANEOUS.

,

July 14, p. 100.
Whitesboro, N. T.

Bond

Offering.— Proposals will be reby the Village Clerk, for $40,000
Securities are authorized by Chapters 321
and 322, Laws of 1900 They are in denomination of $500.
Interest will be at a rate not exceeding 3%#. Principal will
mature in 1931, subject to call after 1921. Robert Ablett is
Village President.
ceived until 8
sewer bonds.

P.

M Aug.

10,

,

MISCELLANEOUS.

BANKS.

1900.
United States Life

1850.

The Audit Company

The

•ueeii Building,

N. ¥. Life Building,
Chicago.

Tiew York City.
Acting President,

Manager,

Insurance Co.
THE CITY OF NEW
OFFICERS:

10

Vice- President,
A. NA8H.
Secretary and Treasurer,
T. PERINE

WILLIAM

THOMAS L. GREENE.
EDWARD
The Audit Company begs to announce the opening of Western Offices

J. C.

Standen, Actuary.
Arthur C. Perry, Cashier.
John P. Munn, Medical Director.
T.

MORRIS,

President.

EDWARD TOBY, Vice-President.
EDGAR NOTT, Cashier.
Correspondents — National City Bank, National

YORK.

President.
Geo. G. Williams, Vice-Pres.
C. P. Fraleigh, 2d Vice-Pres.
Rich'd E. Cochran, 3d Vice-Pres.
A.. Wheelwright, Secretary.
J. L. Kenway, Asst. Secretary.

Wm.

& Banking Co.)

CAPITAL, 81,000.000.

George H. Burford,

OFFICERS.

AUGUST BELMONT.

Canal Bank,
NEW ORLEANS, LA.
(Successor of N. O. Canal

OF NEW YORK,

116175

mature $1,000 in 1904 and $1,500 in 1910.
Union Township, Rice County, Kan.— Bond Sale.— Bonds
to the amount of $13,000 have been purchased by the State
Permanent School Fund.
Urbana (Ohio) School District.— Bond Offering.—This
district will offer at public auction at 12 m.. Aug. 6, at the
office of F. W. Ambrose, Clerk, $20,000 5% school- house
bonds. Securities are issued under authority of Sections
They are in
3991, 3993 and 3993, Revised Statutes of Ohio.
denomination of $1,000, dated July 1, 1900. Interest will be
payable semi-annually and the principal will mature $1,000
each six months beginning July 1, 1910.
Utica, N. Y.— Bond Sale.— On July 25 the $3,500 5% 1-year
bonds were awarded to the Utica Trust & Deposit Co. at par.
Waynesburg, Pa— Bond Sale.— On July 14 the $18,000 4%
borough bonds were awarded to Farson, Leach & Co., New
York, at 107-08. For description of bonds see Chronicle

I

W. Harris &

—

116"882
115 632
115 64

For description of bonds see Chronicle July 21, p. 150.
Troy, Ohio.— Bond Safe.— We are advised that the city has
authorized the issuance of $2,000 6# sidewalk bonds, and that
these securities will not be advertised, but will be issued direct to the city contractor in payment for work, etc.
Trnro(Iowa) Independent School District.— Bond Sale.
—John Nuveen & Co., Chicago, has purchased at par an
issue of $2,500 5% boDds. Securities are dated July 1, 1900.
Interest will be payable semi-annually and the principal will

posals will be received until August 15 for $9,000 4% bonds.
Securities were voted at the election held April 28, 1900.
They are in denomination of $1,000. Interest will be payable at the Sparta State Bank. Principal will mature $1,000
yearly, bfginniDg Jan. 1, 1902.
Springfield, 111 -Bond Sale.— On July 16 the $207,900 20
year refunding boDds, bids for which were received on July 3,
Co., Chicago, at 10021 for
were awarded to Mason, Lewis
4 per cents. Followirg are the bids received on the 3d inst.:
Prtmium
Fcr i% Bonds (Cont.)
Premium.
For i% Bonds—
$60 oo
$460 Oo Seasongood & Mayer, Cincin.
Mason, Lewis & Co.. Chicago
Chic...
»1 1,434 50 Farson. Leach & Co.,
27 00
S. A. Kean. Chicago
For i]4% Bovdi—
20000
Kleybolte & Co., Cincin....
R.
N.

& Co.. Boston
Estubrook & Co., Boston
Blake Bros. & Co.. Boston
W.J. Hayes* Sons, Cleve

Jose. Parker

Co., Boston... 116-666
U»- 45
Co., Boston

I18v«6
K. U. Rollins & Pons. Boston
Blodget, Merritt A Co., Boston.. 116-14
116-( 8
Boston
K. L. Day & Co.,

it 107-04.

|

&

Bank of Commerce, New York

Boatmen's Bank, St.
Merchant*

;

Louis
N. W. National Bank, Chicago
National Bank, Boston.
;

;

FIRST NATIONAL BANK
OF MILWAUKEE.

....

CAPITAL,

SURPLUS AND PROFITS,

-

81,000,000
8500,000

Transacts a General Banking and Foreign Exchange
•a above.
Business. Collections receive Special Attention.
Hereafter, at both the New York and
OFFICERS
Chicago Offices contracts may be made
F. Q. Bigklow, Pres't.
F. J. Klpp, Cashier.
tor andlts of accounts, and financial GEO. G. WILLIAMS, Pres. Ohem. Nat. Bank Wm. Bigelow, V.-Prest. T. E. Camp, Ass't Cashier,
and physical examinations of proper- John J. Tucker,
Builder
ties,, with certificates, reports and apE. H. Perkins, Jr., p r imp. <e Trad. Nat.Bk
San Francisco.

FINANCE COMMITTEE:

...
....
.

James R. Plum,

praisals.

The Western Board of Control of the
Company and the manager of the
Western

Office will

be as follows

t

WESTERN BOARD OF CONTROL:

Active and successful Agents wishing to
represent this Company may communicate with Richard E.Cochran,
3d Vice-President, at the Home
Office, 273

JOHN

MITCHELL, Chairman,
President
Trust & Savings Bank, Chicago.
JOHN C. BLACK,
President Continental National Bank, Chicago.
JAMES B. FORGAN,
J.
Illinois

President

Firi-t

L.

MAYER,

United

Whiting Papers.
Railroads,

where.

If

samples.

So do the

Banks,

Insurance

especially

Flat Bars and 5-ply Plates and Angle*
&c.
Cannot be Sawed, Cut, or drilled, and positively

eminent
a

office

They are made in tints
recommended for the eyes by

oculists.

We

will send

you

free.

Hoi. yoke. Mass.,

STEEL.

H ¥
.

the world.

4nd

150

Perry, Coffin

&

Burr,

INVESTMENT BONDS.
6o State Street,

BOSTON.

write us for

WHITINQ PAPER COMPANY

Burglar Proof.

WORKS,
Kent Ave. Keap and Hooper Sts.,
Bole Man'f 'era in the U. 8.
BROO&L VB,

Surplus, 81,000,000
Jas. K. LYNCH, Cashier.
J. K. Moffitt, Asst.Cafih.

For account books they are

pamphlet on the subject

FOR SAFES, VAULTS,

CHROME

I

G.

you are not using Whiting3 *

anequaled.

Bound and

UNITED STATES DEPOSITARY.
Capital, 81,500.000
S.

Government

States

Linen Ledgers in your

GENUINE

OF SAN FRANCISCO, CAL.
Murphy, President.
James Mofpitt, V.-Pres.

Broadway, N. Y.

Companies and Mercantile Houses evt r/-

WELDED CHROME STEEL AND IRON

National Bank

THE

leading

SECURE BANK VAULT8.

First

General Banking Business. Accounts Solicited.
Commercial and Travelers' Credits issued, availa-

oses the

Moran, Mayer & Meyer, Chicago.
Western Manager
A. W. DUNNING.

The

ble In all parts of

National Bank, Chicago.

JAMES H. ECKELS,
President Commercial National Bank. Chicago.
EDWIN A. POTTER,
President American Trust & Savings Bank, Chicago
Counsel to Western office

Leather

Duane

St.,

New York

R. A. Lancaster

&

Sons,

BANKERS,

No. 10

WALL, STREET,

NEW YORK.
DEALERS IN

INVESTMENT

and

MISCELLANEOUS

SECURITIES.
Securities a Specialty.
Southern

:

THE CHRONICLE.

204

'SwXktxs and 'SvokzvB

®ut

[Vol.

Hew

of

^ovk.

CHICAGO.

CHICAGO.

PHILADELPHIA.

Edward

&

Dupee

Schwartz,

&

Bartlett, Frazier

Co.,

&

Smith

Co.,,

BOURSE BUILDING,

STOCKS AND GRAIN.

PHILADELPHIA.
Members

9 Board of Trade,

CHICAGO.

Phila.

and

New

iorK stock Exchanges.

WESTERN UNION BUILDING,

CHICAGO.

New

B.

BANKERS AND BROKERS,

Co.,

Stocks, Grain and Provisions,

T

LXil

Street,

Mew

•

W.

E.

&

Clark

Co.,

BANKERS AND BROKERS.

York.

No. 139 South Fourth
PHILADELPHIA.

PRIVATE WIRES.

St.,

Transact a general banking business. Allow In-

on deposits.

terest

Members of the Philadelphia and New York Stock

EDWIN L. LOBDELL,
Stocks and Bonds,

Co.,

BANKERS AND BROKERS,

MEMBER NEW YORK STOCK EXCHANGE.
CHICAGO STOCK EXCHANGE.

New

G. Hopper.
H. S. Hoppib,
Members of Philadelphia Stock Exchange.

W.

Wm.

LA SALLE STREET,
CHICAGO, ILL.

115-117

C B IC AGO, IEE.

"The Rookery,"

&

A. O. Slaughter

Exchanges, and connected by private wire with
York.

&

G. Hopper

Co.,

STOCK AND BOND BROKERS,

Members New York Stock Exchange, Chicago
Stock Exchange and Chicago Board of Trade.

28 Sonth Third Street, Philadelphia.
Investments receive our special attention. Information cheerfully furnished regarding present
holdings or proposed investments.

PITTSBURG.

CINCINNATI.

W.

E.

&

Hutton

Sproul & Co.,
PITTSBURG, PA.

Co., Henry

CINCINNATI, OHIO.

MEMBERS

DEAL IN

Barney & Smith 8£ Bonds,
Columbus Ry. Go. Stocks.
AND ALL ISSUES
Columbus St. Ry. Bonds.

NEW YORK

&

Irwin, Ballmann
Brokers and Dealers

Co.,

In

St.,

Cincinnati. Ohio.

Seasongood
S.

W,

&

Mayer,

Corner Third and Wainnt Streets,

CINCINNATI, OHIO.

MUNICIPAL BONDS.
High-Grade

City,

County, Town and School Bonds

Issued in leading prosperous States of the Dnion,
especially adapted for safe and permanent investment for Estates and Trust Funds.

&

SOUTHERN.
William Wilson & Sons,
Wilson, Colston &

Members

negotiated.

Wyndham

PITTSBURG, PA

Boiling,
BANKER,

1871.

Stephenson,

Edward Polliti
Goab,
Members Stock and Bond Exchange.

H*nbt

FOURTH AVENUE.

Oldest Pittsburg

Members N. Y. Stock Exchange.

St.

T. Mellon & Sons' Bank,
Edward Pollitz & Co.,
PITTSBURG, PA.
STOCK AND BOND BROKERS.

Hawaiian Sugar Stocks a Specialty
403 California

Street.

SAN FRANCISCO. GAL.

Ladd

&

Tilton,

SENERAL BANKING, COLLECTIONS.

ESTABLISHED IN

1859.

Transact a General Banking Business.
Collections Given Special Attention.

ST. LOUIS.
Edwards Whitaker.

Whitaker

&

Charles Hodgman.

The

of Philadelphia.
310 Chestnut

St.,

Pald-Cp Capital,

Philadelphia.
-

NORFOLK, VA.
SOUTHERN INVESTMENTS.

Clark,

25 Exchange Street. Providence, R.

I.

Bonds,
Transact a general banking business.
Commercial Paper
Stocks and Local Securities.
bought and sold on commission. Private wires to
New York, Boston and Philadelphia.

&

Co.,

[incorporated.]

W.

John

Dickey,

BROKER,

AUGUSTA, GA.
SOUTHERN SECURITIES.
Greater Seaboard Securities

COMMERCIAL PAPER,

DEALT

GEO.

N.

IN BY

MACKENZIE &

CO.,

BANKERS AND BROKERS,

Agent or Manager

for the control of corporation*
or for tie construction of public or private works.

Co.,

Bankers and Brokers,

BANKERS,

A. G. Becker

&

Street,

&

8800,000

This Company undertakes the negotiation and
Issue of loans and capital of Companies on the New
York or Philadelphia Market ami will make advances upon approved Corporate, Personal or Real
Estate pecurity.
'Under its charter rights it will act as Trustee

1860.

Correspondence solicited and information fnrnlshed about Southern State, Municipal and Railroad Investment Securities.
Reference— Bank of New York, N. B. A.

BOND AND STOCK BROKERS,

Richardson

Company

Investment

Davenport & Co.,
BANKERS AND BBOKERS,
RICHMOND, VIRGINIA.

Hodgman, Mottu, de Witt

300 North Fourth

VA.

York.

ESTABLISHED

ST. LOUIS.

ffttxatxtial

RICHMOND,

Southern Securities,
Virginia-Carolina Chemical Co. Stock.
REFERENCE—Mechanics' National Bank. New

INVESTMENTS.

BANKERS,

PORTLAND, OREGON.

of Baltimore Stock Exchange,

Exceptional facilities for dealings In all classes of
Southern Bonds. Loans on Collateral Securttlee

Bank of New York, N. B. A.
First National Bank of Philadelphia.

No. 209

Co.,

Street, Baltimore.
Investment and Miscellaneous Securities a specialty, and whole issues handled.

BANKERS AND BROKERS,

PACIFIC COAST.

&

1867.

BANKERS,

CORRESPONDENTS

&

"

216 East Baltimore

PITTSBURG, PA.

Whitney

Established 1802.

Co.,

Wilson, Colston

Sons,

BANKERS,

ESTABLISHED

Philadelphia Stock Exchange*

Exchanges.

AND

Cincinnati Bonds and Stocks,
37 Eait Third

Members

Stock

CHICAGO BOARD OF TRADE.

N. Holmes

BANKERS AND BROKERS,
104 SOUTH FOURTH STREET,
PHILADELPHIA.

)

PHILADELPHIA 1
CHICAGO
f
PITTSBURG
)

John H. McQuillen &Co.

199 La Salle Street, Chicago,

111.

300 Wilier

St.,

Raltlmore, Md.